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Commerce · Q719

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 719

Q719

The income of a minor shall be added to the taxable income of his guardian, if the income-

A.
More than Rs. 1500
Answer
B.
Rs. 1500
C.
All income of the minor
D.
All income of the minor will be income tax free

Answer: Option A

Solution

Answer: Option A
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