income tax return, Income Tax

[SHASHI MITTAL]

Hello sir

parents has died & fixed deposit is matured in the hands of nominee who is minor ,so how to file itr

Posts / Replies

[Ganeshan Kalyani]

It will be taxable in the hands of the guardian.

[DR.MARIAPPAN GOVINDARAJAN]

Yes, the income of the minor will be clubbed into the income of the guardian.

[Ramesh Kothari]

Considered in ITR of guargiag

[SHASHI MITTAL]

sir

if no guardian is there,& parents has died in 2017,so how it will be shown in itr

[DR.MARIAPPAN GOVINDARAJAN]

Kindly check the nomination form in which the name of the guardian will be there.