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General query on accounts
PLEASE CLARIFY AS TO WHETHER EXEMPTION LIMITED FOR CLU BBING MINOR INCOME IN PARENT INCOME IS RS.1500 PER MONTH OR RS.1500/- PER ANNUM PER CHILD.KINDLY CLARIFY
Replies (2)
1500/-per annum per child
I agree with Sangram. It is max 1500 pa per child [i.e. 1500 or income clubbed, whichever is lower]
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