Income of Minor Child - Section 64(1A)

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..... ability specified under section 80U of the Income Tax Act. Income earned by minor child, on account of manual work or activity involving application of his skill, talent, specialized knowledge and experience. If none of the parent is alive, minor shall file the return through legal guardian. There shall be no clubbing. Notes: The income of the minor child shall be included. where the marriage of h .....

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..... ts in whose hands the minor income is clubbed is entitled to exemption up to ₹ 1500 per child. [ Section 10(32) ] Income out of property transferred for no consideration to a minor married daughter, shall not be clubbed in the parents hands. - Manuals - Ready reckoner - Law and practice - Reference Guide - Quick Commentary Tax Management India - taxmanagementindia - taxmanagement - taxman .....

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