Income of a minor child is clubbed with the income of:
Under section 99(5)(b) of the Income-tax Act, 2025, the clubbable income of a minor child is included in the income of the higher-earning parent—that is, the parent whose…
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Income of a minor child is clubbed with the income of:
Answer and explanation
Correct answer B
Under section 99(5)(b) of the Income-tax Act, 2025, the clubbable income of a minor child is included in the income of the higher-earning parent—that is, the parent whose total income before this inclusion is greater—rather than always with the mother, father, or guardian.
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Telangana SET (TG SET)