How to structure minor capital

jitendra (Querist) 28 April 2012 This query is : Resolved
As I am having 14 years son and 12 years Daughter I have applied for pan card as to income club under my computation what are the ways to infuse capital so after major his capital will be in use

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Sankaranarayanan (Expert) 28 April 2012
you can get the PAN card on children , for the other query better to approach local advocate or CA for the same, without the correct detail i cant give my suggestion regarding it

prabhakar singh (Expert) 28 April 2012
do as advised.

Suhail A.Siddiqui (Expert) 28 April 2012
In case your children are minor , their income will clubbed in parent's income, who is in higher slab as per Income Tax Act,1961

C. P. CHUGH (Expert) 28 April 2012
Rightly advised. Better engage a professional who would guide you from A to Z.

Thanks

Shonee Kapoor (Expert) 04 May 2012
Agree with experts.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

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