Change of Status from Minor to Major in FY10-11

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 April 2010 My child turns 18 on 16th Feb 10.Prior to this ,she owns a property given to her as gift from her NRI uncle.Rental income was being clubbed with mother.
I want to know if she will have to still club income with mother from 1st Apr 10 to 15th Feb 11 and from 16th feb to 31/3/11, she will need to file under her own name.Also how does she claim for her personal tax /Sec 80C rebates-will it be proportionately as above mentioned?

Aditya Maheshwari

Aditya Maheshwari (Expert)
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24 April 2010 If the income accrues every month then Clubing of income with mother will be from 1st Apr 10 to 15th Feb 11 and from 16th feb to 31/3/11 the income will be charged in the hands of the minor who turns major.

If income accrues at the end of the year like interest paid once in a year then entire income for 2010 - 11 will be taxable under the hands of the minor who turns major.

If the child turns 18 on 16th Feb 10 then answer as above only year will change.