my minor son's income
Varun Bhoopalam (21 Points)
27 August 2019i have invested in fd and mutual funds in my son's name who is now 5 years old. he's getting good amount of income from it which exceeds the exempted threshold.
is there any rule stating that i have to show his income attached to mine or can i show his income in my wife's file too?
which clause defines this?
please help me.