https://www.taxtmi.com/caselaws?id=235422 The appeal challenging the clubbing of interest income of minors with their mother's income under Section 64(1A) of the Income Tax Act, 1961 was dismissed. The court upheld the validity of Section 64(1A) based on a previous case where a similar challenge was rejected, establishing a precedent against the appellant's argument. The Income Tax Officer's decision to include the minors' income with the mother's, due to her higher income, was upheld by the Income Tax Appellate Tribunal. The court found that the provision allows for such clubbing of income and exceptions exist only for certain types of income earned by minors. en-us Tue, 02 Jul 2013 00:00:00 +0530 Mon, 28 Oct 2013 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235422 The appeal challenging the clubbing of interest income of minors with their mother's income under Section 64(1A) of the Income Tax Act, 1961 was dismissed. The court upheld the validity of Section 64(1A) based on a previous case where a similar challenge was rejected, establishing a precedent against the appellant's argument. The Income Tax Officer's decision to include the minors' income with the mother's, due to her higher income, was upheld by the Income Tax Appellate Tribunal. The court found that the provision allows for such clubbing of income and exceptions exist only for certain types of income earned by minors. Case-Laws Income Tax Tue, 02 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235422