Inor income study

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 April 2012 i want to study the case laws on the minor income.

is there any site or any article which gives case syudy on minor income assessment.

How to build the strong file of the minor?
what are the palnning are the avaiblae in the income tax?

28 April 2012 Very sorry. The income of the minor is taxable in the hands of father or mother whose income is higher with exemption of Rs.1,500. For planning of minor you can go for private trust



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