So clubbing of the minor income. A child under the age of
18 earns some money from somewhere.
So how to club that income in the hands of the parents, in
the hands of the guardian, we have to discuss that now.
Because the minor can also earn income in different ways.
For example, he bought a lottery ticket, he lost his
lottery.
For that he has earned income. He has earned the lottery
income.
He has to pay 30% tax.
Now what does he do, whether he clubs or not?
There is also a minor who is a child artist in films, works
in serials.
For example, this is our Tappu and the other is our Sanju.
I remember Sanju used to come. Magic pencil used to come in
our childhood.
So whoever used to make something with magic pencil,
drawing etc.
It was really like that in the serial that they used to
make something with it.
For example, if you make a drawing of a car, then the car
used to come in the actual.
And how much Pappu has made our serial.
We used to think that things in life would have been found
easily.
Now it is being found that this magic pencil is nothing,
this magic pencil is your hand.
The more you work hard on it, the more you will get success
in life.
A lot of lies have been told in childhood, but what to do.
We were talking about a minor child.
How to club the income of a minor child?
When to club? When not to club?
Let's discuss about this.
All the income of the minor is to be included in the hands
of the parent.
Any income of the minor will be clubbed in the hands of the
parent.
But there is such an income.
A minor earns money with his skills or talent.
For example, he is an Indian Idol.
For example, you are very good at singing.
You become an Indian Idol.