Audit and Tax Advisory
48564 Points
Joined May 2012
minor is not eligible to file incometax return because minor's income is taxable in the hands of parents who is having high taxable income or taxable in the hands of guardian or take carer of minor child
however a deduction of Rs.1500 is will be available under sec 10(32)
do u have pan for minor child?
is there any tds on interst?
is there credit for tds in 26as?
However if income earned by minor child is because of his personal skills like painting,dancing,child artist,
income tax return will be filed in the name of minor however ITR should be signed by parent/guardian