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TDS on Minor Income.

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38 Points Posted on 06 January 2022
One of my clients daughter received compensation from Insurence Company. TDS was deducted. She is a minor. How to file Income Tax Return to claim TDS.
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On 06 January 2022 at 08:41 Report
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GST Practitioner & Accounts
15093 Points Posted on 06 January 2022
Refer section 64(1)(A)of the Income tax act .
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On 06 January 2022 at 10:03
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Practising CA
8954 Points Posted on 06 January 2022
Such income shall be clubbed in the hands of the parent whose income is higher. TDS can be claimed as well by the parent but I am not sure how the return filing procedures shall take place.
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On 06 January 2022 at 10:51
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Chartered Accountant
5010 Points Posted on 06 January 2022

The TDS can be claimed by either of the parents in his/her ITR. 

PAN of the minor has to be mentioned in the TDS section by the parent. Further, the income will also be clubbed in the hands of the parents. 

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On 06 January 2022 at 12:25


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