MINOR CHILD

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 August 2010 ONE OF MY CLIENT HAS GIVEN PAN OF MINOR CHILD TO TAX DEDUCTOR FOR COMMISSION. AND THE MINOR'S COMMISSION INCOME IS ADDED TO FATHER INCOME WITH CLAIMING TDS OF MINOR. I WANT TO FILE FATHER RETURN OF INCOME TAX BY QUOTING FATHER PAN. WHAT IS SITUATION IN CLAIMING REFUND? IT IS NOT TALLIED WITH FATHER'S 26AS.

Querist : Anonymous

Querist : Anonymous (Querist)

18 August 2010 Plz resolved my queries as soon as possible

Aditya Maheshwari

Aditya Maheshwari (Expert)
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18 August 2010 I think the above income of the minor i. e. commision income being received in his name is due to some skill exercised by the minor and hence it should not be clubbed in the hands of the father as the income being received is due to skill exercised by the minor.

So income will be taxable in the hands of the minor only and he can claim the TDS.

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Querist : Anonymous

Querist : Anonymous (Querist)

18 August 2010 thank u for ur reply

Aditya Maheshwari

Aditya Maheshwari (Expert)
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18 August 2010 U can also thank by using the thank user icon.