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of <h1>Understanding Minor's Income: Section 64(1A) and Exemption Rules for Parents under Section 10(32) Explained</h1> Under section 64(1A) of the Income Tax Act, a minor child's income is typically clubbed with the income of the parent with the higher income, excluding the child's income. However, income earned by a minor through manual work or personal skills is not clubbed, nor is income of a minor with disabilities under section 80U. Parents can claim an exemption of Rs. 1,500 or the minor's income, whichever is less, under section 10(32). In the given illustration, Mr. Raja's income includes his child's bank interest, with an exemption reducing the taxable amount.
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