Tax return: Tax rules to know when filing the ITR for a minor child
Income tax declaration: There was a time when children didn’t have many opportunities to earn a living. Today, a good number of income opportunities have emerged which provide a part-time job opportunity for a miner. But, where there is income, there is also a tax liability. According to tax and investment experts, a miner can have two types of income: labor income and capital income. In both cases, the income tax return (ITR) can be filed with a set of rules applicable to a minor natural person.