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Nifty 5023,118.61.19%H 23,592.85 · L 23,118.6|Sensex74,003.821.04%H 75,436.44 · L 73,994.03|Bank Nifty55,794.751.43%H 56,996.35 · L 55,794.75|USD / INR₹95.850.32%H ₹95.97 · L ₹95.54|Gold Intl (10g)₹1,33,646.540.34%H ₹1,34,302.93 · L ₹1,32,558.73|Silver Intl (1kg)₹1,97,793.430.07%H ₹1,98,656.29 · L ₹1,94,249.58|Crude WTI₹10,164.794.6%H ₹10,231.88 · L ₹9,700.88|Bitcoin₹72,90,7943.95%H ₹74,34,643.97 · L ₹71,46,944.03|Ethereum₹2,31,0796.29%H ₹2,38,344.01 · L ₹2,23,813.99|Nifty 5023,118.61.19%H 23,592.85 · L 23,118.6|Sensex74,003.821.04%H 75,436.44 · L 73,994.03|Bank Nifty55,794.751.43%H 56,996.35 · L 55,794.75|USD / INR₹95.850.32%H ₹95.97 · L ₹95.54|Gold Intl (10g)₹1,33,646.540.34%H ₹1,34,302.93 · L ₹1,32,558.73|Silver Intl (1kg)₹1,97,793.430.07%H ₹1,98,656.29 · L ₹1,94,249.58|Crude WTI₹10,164.794.6%H ₹10,231.88 · L ₹9,700.88|Bitcoin₹72,90,7943.95%H ₹74,34,643.97 · L ₹71,46,944.03|Ethereum₹2,31,0796.29%H ₹2,38,344.01 · L ₹2,23,813.99|
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Topicin Taxation

Minor Income

Latest news, explainers and analysis on Minor Income. Tracking 1 stories on Arth Vani.

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Latest on Minor Income

ITAT Delhi Relief: Father Avoids ₹12.83 Lakh Penalty on Minor's ₹1.17 Crore Income
Taxation

ITAT Delhi Relief: Father Avoids ₹12.83 Lakh Penalty on Minor's ₹1.17 Crore Income

The Income Tax Appellate Tribunal (ITAT) Delhi has provided relief to a father, overturning a ₹12.83 lakh penalty imposed due to his minor child earning ₹1.17 crore in interest income. The tribunal ruled that the income should not be clubbed with the father's income for penalty purposes.

1d ago·1 min readListen
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