state gov UPPCL Assistant Accountant 2022 - 23 Mock Test Income-tax and Corporate Tax Planning Deduction and Collection of tax at source
Exemption of a certain amount (not exceeding the income clubbed) is available under section 10(32), where a minor's income is clubbed with the income of the parent. The maximum exemption available is -
1
Upto Rs. 1,500 in respect of each minor child
2
Upto Rs. 1,500 in respect of each minor child maximum of two children
3
Upto Rs. 2,000 in respect of each minor child
4
Upto Rs. 2,000 in respect of each minor child maximum of two children