Easy Office

whichone is correct. and Why ?

This query is : Resolved 

11 March 2011 Miss X Age 17 (Minor) is married to Mr. Y.

Her mother alone is alive. Income by the way of interest on loans of miss X will be--

1. Assessed to tax in the hands of Mr. Y

2. Assessed to tax in the hands of her mother

3. Taxable in her own hands.

4. None of above

11 March 2011 OPTION 2.
SEC 64(1A) DOES'NT EXCLUDE INCOME OF MINOR MARRIED DAUGHTER FROM CLUBBBING



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link




Unanswered Queries