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of <h1>Minor's Investments u/s 80C Can Be Claimed as Deductions When Clubbed with Parent's Income for Tax Purposes.</h1> When a minor's income is clubbed with a parent's income for tax purposes, investments made by the minor under Section 80C can be claimed as deductions. Section 80C covers deductions related to life insurance premiums, deferred annuities, and contributions to provident funds, among others. This provision allows parents to consider the minor's eligible investments when calculating deductions, potentially reducing the overall taxable income.
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