Poonawalla fincorps
Poonawalla fincorps

Tax for minors

This query is : Resolved 
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(Querist)
05 May 2023 Hi,
Will a minor's maintenance money (through court), from a parent put in fd, to be added to guardian parent income?
Regards.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
05 May 2023 Yes, interest on FD will be added to parent's income.

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