income of family under :-
Mr Ram (from business)-550000
mrs Ram (salary ) 540000
minor son1. (fd interest ) 10000
minor son 2. (acting in film )-60000
minor daughter (lottery gifted by uncle ) 1000
question is on whose hand income shall be clubbed mr Ram or mrs ram ????
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direct tax (clubbing of income )
Replies (4)
Mr. Ram ....... as having higher income than Mrs. Ram.
mr ram as more income than his wife than clubbed in the hands of mr ram .minor son2 is earning income from his personal skills so not clubbed and minor incomeclubbed is*xempt up to 1500 per annum
Agree with Dhirajlal sir
Bro can i know is there any correction in my answering
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