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Started By: - genu nambiar - Dated:- 10-9-2016 Last Replied Date:- 12-9-2016 - Parents deposit fixed deposits in the name of children. when the child grows up and gets a job he has to pay . then how can he declare the income from fd deposited by pare .....

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you to prove the source. Thanks. - Reply By CS SANJAY MALHOTRA - The Reply = Till the time child attains the majority age, TDS is deducted and credited into Parents PAN account and income of child is clubbed with parents.When teh child attains the ag .....

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Sanjay Malhotra. - Reply By Ganeshan Kalyani - The Reply = Sir, there are two type of fixed deposit. One is interest pay out at regular interval and the other one is interest accrued and paid at the time of maturity.Sir, in case of interest paid reg .....

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