A Minor child X receives Rs.30000 from singing. That Rs.30000 is deposited in Bank.. Interest Rs.3000 is received by X. Here in the hands of X's parents is tat Rs.3000 clubbed or not???
A Minor child X receives Rs.30000 from singing. That Rs.30000 is deposited in Bank.. Interest Rs.3000 is received by X. Here in the hands of X's parents is tat Rs.3000 clubbed or not???
| Originally posted by :Dhivya | ||
| " | Yes, Rs. 3000/- would be clubbed in the hand of that parent whose total income is greater because bank interest is not earned by the minor by application of his skill or talent. | " |
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