Mr. P has two daughters and two sons all of which are minor. The Annual Income of two sons are ₹ 6,000 and ₹ 3,000 respectively. The annual income of two daughters are ₹ 8,000 and ₹ 6,000 respectively. The daughters whos
CS Executive · Tax Laws · PYQS · December 2024
Mr. P has two daughters and two sons all of which are minor. The Annual Income of two sons are ₹ 6,000 and ₹ 3,000 respectively. The annual income of two daughters are ₹ 8,000 and ₹ 6,000 respectively. The daughters whose income is ₹ 6,000 is from singing competition. How much amount of income will be clubbed in the hands of Mr. P. The assessee opt 115BAC (1A) of the Income Tax Act, 1961:
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Income Tax Act
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