Hello everyone
The parent in whose income, income of individual is included whether the same parent can only claim deduction or other can also claim.
Menu
Deduction of minor income
Replies (2)
same person can only claim deduction
But as per Sec 80C(v) it's said that any amount contributed by individual for the person specified in (4) deduction shall be allowed. (4) included individual,spouse,children.
So if one parent has included in his income and other parent has contributed to provident fund then as per above said section deduction will be available.
Recent Threads
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
Related Threads
CAclubindia
