Settlement of property in the name of minor

Minor is not earning with his own talent, the Income is clubbed with the parents whose income is greater or Guardian

Mr. Purushottam is correct.

IT WILL BE TAXABLE IN THE HANDS OF THE EITHER OF THE PARENT HAVING GREATER INCOME. hOWEVER IF A NON DISCRETIONARY [ WHERE SHARE OF THE BENEFICIARY IS DEFINED] PRIVATE TRUST IS CREATED AND IT IS SPECIFICALLY MENTIONED THAT THE INCOME WILL BE ACCESSABLE TO THE MINOR ONLY WHEN THEY ATTAIN MAJORITY. THEN CLUBBING PROVISION U/S 64 IA WILL NOT BE APPLICABLE.