03-06-2010, 03:39 AM
Hi Laptop,
You are very right. What Awais is referring is "clubbing of income" with parent. This is an entirely different issue. Still in this case the income and tax deducted will be in the name of minor, not his parents. We should not be grasshopper so stick to the main issue.
Regards,
Regards,
You are very right. What Awais is referring is "clubbing of income" with parent. This is an entirely different issue. Still in this case the income and tax deducted will be in the name of minor, not his parents. We should not be grasshopper so stick to the main issue.
Regards,
Regards,