TDS on Minor Income.
Gangadhar Rao Yaddanapudi (38 Points)
06 January 2022Gangadhar Rao Yaddanapudi (38 Points)
06 January 2022
prasad Nilugal
( GST Practitioner & Accounts )
(14629 Points)
Replied 06 January 2022
CA Raj Doshi
(Practising CA)
(8919 Points)
Replied 06 January 2022
CA Puja Sharma
(Chartered Accountant)
(4984 Points)
Replied 06 January 2022
The TDS can be claimed by either of the parents in his/her ITR.
PAN of the minor has to be mentioned in the TDS section by the parent. Further, the income will also be clubbed in the hands of the parents.
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)