My daughter (minor) has earned short term capital gain from Debt Fund. Can I claim exemption of Rs. 1500? If yes, I need to put the details in Schedule SPI and Schedule EI. But, how do I show the exemption in CG section of ITR-2 to actually claim the exemption?
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Exempt income of minor child in case of capital gain
Replies (1)
such income shall be clubbed in ur hands under 64(1A)and exemption under 10(32) is availbale to the extent that such income does not exceed RS.1500
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