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Nifty 5023,398.10.34%H 23,448.1 · L 23,231.4|Sensex74,781.760.16%H 74,917.15 · L 74,160.16|Bank Nifty56,606.550.24%H 56,645.85 · L 55,699.45|USD / INR₹95.540%H ₹95.55 · L ₹95.54|Gold Intl (10g)₹1,34,742.320.51%H ₹1,35,055.63 · L ₹1,33,940.61|Silver Intl (1kg)₹1,98,645.550.79%H ₹1,99,597.77 · L ₹1,96,587.52|Crude WTI₹9,815.782.69%H ₹9,897.94 · L ₹9,705.91|Bitcoin₹73,98,1560.12%H ₹74,02,502.37 · L ₹73,93,809.63|Ethereum₹2,39,1940.81%H ₹2,40,165.26 · L ₹2,38,222.74|Nifty 5023,398.10.34%H 23,448.1 · L 23,231.4|Sensex74,781.760.16%H 74,917.15 · L 74,160.16|Bank Nifty56,606.550.24%H 56,645.85 · L 55,699.45|USD / INR₹95.540%H ₹95.55 · L ₹95.54|Gold Intl (10g)₹1,34,742.320.51%H ₹1,35,055.63 · L ₹1,33,940.61|Silver Intl (1kg)₹1,98,645.550.79%H ₹1,99,597.77 · L ₹1,96,587.52|Crude WTI₹9,815.782.69%H ₹9,897.94 · L ₹9,705.91|Bitcoin₹73,98,1560.12%H ₹74,02,502.37 · L ₹73,93,809.63|Ethereum₹2,39,1940.81%H ₹2,40,165.26 · L ₹2,38,222.74|
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Topicin Taxation

Tax Clubbing

Latest news, explainers and analysis on Tax Clubbing. Tracking 1 stories on Arth Vani.

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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.

57m ago·1 min readListen
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