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Minor child

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 April 2014 sir/ mam in case of minor the income is taxable in the hands of parents whose income is higher , what will happen in case if both parents have equal income
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
30 April 2014 Then it is option, either any one of income can be clubbed.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
10 May 2014 then they can decide mutually who should include in it.
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