Clubbing

Tax queries 1263 views 20 replies

If Father ,Mother & son all are minor then what manner of clubbing is followed? 

Replies (20)

There is no Provision in this Regard

You Send your Query to Finance Minister

 Nice ques dude....Any one in this club ever got a practical knowledge of such a situation in any clients case??? I would love to hear it....

Originally posted by :Hareesh H Sharma
"  Nice ques dude....Any one in this club ever got a practical knowledge of such a situation in any clients case??? I would love to hear it.... "
Originally posted by :Hareesh H Sharma
"  Nice ques dude....Any one in this club ever got a practical knowledge of such a situation in any clients case??? I would love to hear it.... "

May be clubbed with legal guardian identified by income tax deptt.

R u made Praveen??????????

Ok.

We assume they all are minor.but income??????????????

In this case income will be clubbed in the income of grandparents

Originally posted by :BARKHA MITTAL
" In this case income will be clubbed in the income of grandparents "

no....

but what abt grandsons and grandaughters income??

The closest I have heard of is an unwed girl of 17 having a child. However logically till the girl would turn 18, the income would be clubbed in the hands of whichever parent of the girl has higher income:-

How?

If Minor receives gift, it is not of the minors' own talent. Therefore it will be clubbed with the mother who herself is a minor. The minor herself being a minor, all the income of hers (other than what is earned using her talent) will be clubbed with whichever parent of hers has higher income. Once she is major, the income of her minor child will be clubbed with her income.

 

What has to be seen is whether the girls' parent will get exemption u/s 10(32) for one child or for two children.

 

If the father of the girls child is known and accepted then maybe the income will be clubbed with his parent's incomeif it is more than the girl's parents income. The question of Section 10(32) remains open.

 ok sir..so u saying first the income of the son will be clubbed wit either of the parents who is a minor...then income of such minor parent which includes the clubbed income of his/her child will be clubbed wit either of the parent of such minor parent( the grand parent of org child)..tanx for u view sir

Dude It is illegal in India to get marry at the age of Minority, So better if u ask this question to the chief of CBDT.

Dear friend, there must be a person who is earning more in the parents like that.. and other family members income will be clubbed in his/her income.

If the father is minor and earning income which is to be clubbed then the income will be clubbed in his Father's Income.

I don't think there is any issue in this quiz.

 Thanx Dashrath sir..But what abt sec 10(32) ded..I mean for the final cubing ie the clubbing of minor parents income wit his/her parent which amount will be attractd...is it the amount after the ded of 10(32) on the income of the child which was clubbed wit such minor parent...

Please its adviceable not to ask such stupid que as Tax Dept would even nt have thought that such situation can arise....so no matter to discuss it,being practical.


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