When parents income is clubbed with minor childs income parent is eligible for exemption of the.
A. Actual income of minor or Rs. 20,000 which ever is less
B. Actual income of minor or Rs. 10,000 whichever is less.
C. Actual income of minor or Rs. 5,000 which ever is less
D. Actual income of minor or Rs. 1,500 whichever is less.
Answer:D
When parents income is clubbed with minor childs income parent is eligible for exemption of the.
A. Actual income of minor or Rs. 20,000 which ever is less B. Actual income of minor or Rs. 10,000 whichever is less. C. Actual income of minor or Rs. 5,000 which ever is less D. Actual income of minor or Rs. 1,500 whichever is less.