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Querist : Anonymous

Querist : Anonymous (Querist)

30 March 2013 can a minor also be taxable if he/she earns income?

is it that a super senior citizen is taxable only if he/she is a resident ?

srinivas reddy

srinivas reddy (Expert)
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30 March 2013 if minor earning income from his own capacity like any reality shows and other activity

Querist : Anonymous

Querist : Anonymous (Querist)

30 March 2013 thank you

2. is it that a super senior citizen is taxable only if he/she is a resident ?

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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30 March 2013 If minor has his own income i.e income earned by the own skills of minor then such income is taxalbe in the hands of minor and has to file and pay tax if any taxable income is there. And for minor return always has to be file under representative assessess i.e minor'r return has to be file by the parents or gurdien of such minor i.e signature on the return shall be make by the parents or gurdien on the return form but not by the minor.

In case if the income of minor is earned but any skill of minor not involved to get suck income i.e like interest on fixed deposits like that then such income shall be taxable in the hands of the parents whose taxable income is more.

Please be question no 2 clear it giving confusion and different questions. So write it clearly for understanding of others.

OM SAI SRI SAI JAI JAI SAI

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