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Getting family pension on minor’s name ( 14 yrs old ).?

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Pension

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Is it Clubbing provision applicable ? to club the total income in Guardian’s Income for paying tax ? or treated as independaent minor’s income..?

2 Answers



  1. subasu on Dec 12, 2011 reply

    A guardian is a trustee for moneys received by him for and on behalf of the Minor. Clubbing provisions will not be applicable in such a case. The minor himself will be considered a taxable person as far as family pension is concerned..

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  2. ThunderWave Events on Dec 12, 2011 reply

    See if this site is of any help to you.

    http://www.providentfundstatus.org/

    Good Luck…

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