https://www.taxtmi.com/article/detailed?id=1776 A minor is a distinct person and assessee; capital gains of a minor must be computed under the head capital gains and deductions that apply in computing capital gains (including reinvestment in qualifying bonds) should be allowed to the minor before clubbing. Clubbing of the minor's net total income with a parent occurs after these deductions, so investments made in the minor's name qualify for reinvestment deductions even if the parent's hands include the clubbed income. en-us Tue, 19 Jun 2012 11:12:53 +0530 Tue, 19 Jun 2012 11:12:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1776 A minor is a distinct person and assessee; capital gains of a minor must be computed under the head capital gains and deductions that apply in computing capital gains (including reinvestment in qualifying bonds) should be allowed to the minor before clubbing. Clubbing of the minor's net total income with a parent occurs after these deductions, so investments made in the minor's name qualify for reinvestment deductions even if the parent's hands include the clubbed income. Articles Income Tax Tue, 19 Jun 2012 11:12:53 +0530 https://www.taxtmi.com/article/detailed?id=1776