Easy Office
LCI Learning

Minor children interest income

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 July 2012 DEAR SIR,

ONE OF MY CLIENT HAS RECEIVED INTEREST FROM BANK ON HIS MINOR SON'S NAME

MINOR IS HOLDING PAN NO AND TDS DEDUCTED BY BANK AND IT SHOWS IN 26AS

CAN HIS FATHER CLUB HIS MINOR SON'S INTEREST INCOME IN HIS IT RETURN AND GET TAX CREDIT WHICH SHOWS IN 26AS OF HIS MINORS
Profile Image

CS ANAND RAVADA

Profile Image

CS ANAND RAVADA (Expert)
15 July 2012 Exactly, the father of the minor son can claim the TDS subject to club the income of the minor son to his income.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links