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Clubbing of income

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In case minor's parents has died and he is living with grandfather who have income chargeable to tax

Whether his income will be clubbed with grandfa.

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24 Replies

Sunshine (Helping All) (10575 Points)
Replied 21 May 2011

no...in case the minor is an orphan section 64(1A) is not applicable and his income will not be clubbed with anyone..it will be taxable in his own hands only...

1 Like

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CA ADITYA SHARMA (CA IN PRACTICE ) (16719 Points)
Replied 21 May 2011

Vivek Mehta (CA, DISA,CS, MBA) (I am in Practice and also giving understanding and guidance to the Students of CA Final and IPCC for various subjects esp for Direct Tax.) (1629 Points)
Replied 21 May 2011

No clubbing is done only in hands of parents now in this case no clubbing will be there..

kuldeep singh (TAX CONSULTANT ) (35 Points)
Replied 22 May 2011

no becouse miner income clubing only hand in parents

CS,CA F,Numrologi TusharSampat (CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert) (85930 Points)
Replied 22 May 2011

Agreed wit abov views.

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CA. Praveen (Chartered Accountant) (119 Points)
Replied 22 May 2011

Wonderful Question and Answers .

Thanks

1 Like

Arvind Sharma (ACA) (1432 Points)
Replied 22 May 2011

Agree with all views...

No Clubbing..,

the same will taxed in the hand of Minor.. ROI will be filed by Gurdian on behalf of Minor..

CA Lokesh Pokharna (CA (Ahmedabad Bhilwara Chittorgarh)) (4128 Points)
Replied 22 May 2011

good qus n answers...

Amit Surana (Student CA/CS-Professional) (268 Points)
Replied 22 May 2011

Originally posted by : Sunshine...
	no...in case the minor is an orphan section 64(1A) is not applicable and his income will not be clubbed with anyone..it will be taxable in his own hands only...