state gov MP Vyapam AAO (Group 2 Sub Group 2) Mock Test 2022 Income-tax and Corporate Tax Planning Deduction and Collection of tax at source
Scholarship received by a minor child in respect of the application of his talents, talent, or specialized knowledge is -
1
To be assessed in the hands of the minor child
2
To be clubbed with the income of that parent whose total income, including minor's income, is higher
3
Completely exempt from tax
4
To be clubbed with the income of father