<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Is minor child’s income clubbed with the income of parent? |How can parent claim TDS deducted on his minor&#039;s child income?</title>
    <link>https://www.taxtmi.com/manuals?id=4157</link>
    <description>Income of a minor is generally clubbed with the parent whose own income is higher or who maintains the child; earnings from a minor&#039;s manual work or from the minor&#039;s skill, talent or experience are not clubbed though accretions are, while income of a disabled minor is excluded. The parent including the clubbed income may claim the statutory exemption applicable to clubbed minor income. A deductee may file a declaration and the deductor must report the tax deduction in the name of the person declared in the prescribed information return.</description>
    <language>en-us</language>
    <pubDate>Mon, 25 Dec 2023 16:31:00 +0530</pubDate>
    <lastBuildDate>Thu, 11 Jan 2024 15:23:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=736747" rel="self" type="application/rss+xml"/>
    <item>
      <title>Is minor child’s income clubbed with the income of parent? |How can parent claim TDS deducted on his minor&#039;s child income?</title>
      <link>https://www.taxtmi.com/manuals?id=4157</link>
      <description>Income of a minor is generally clubbed with the parent whose own income is higher or who maintains the child; earnings from a minor&#039;s manual work or from the minor&#039;s skill, talent or experience are not clubbed though accretions are, while income of a disabled minor is excluded. The parent including the clubbed income may claim the statutory exemption applicable to clubbed minor income. A deductee may file a declaration and the deductor must report the tax deduction in the name of the person declared in the prescribed information return.</description>
      <category>Manuals</category>
      <law>Income Tax</law>
      <pubDate>Mon, 25 Dec 2023 16:31:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/manuals?id=4157</guid>
    </item>
  </channel>
</rss>