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My minor son has made a fixed deposit for five ...

My minor son has made a fixed deposit for five years who does not have any other income. While clubbing his income with mine, can I claim a deduction under section 80C?

My minor son has made a fixed deposit for five years who does not have any other income. While clubbing his income with mine, can I claim a deduction under section 80C?

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Jeeba Lal Jul. 05, 2018

Yes
As per the act while clubbing the income of child with parents, eligible investment made by minor is also condidered.

Thus, you can claim the deduction for the fixed deposit made by your son.

My minor son has made a fixed deposit for five years who does not have any other income. While clubbing his income with mine, can I claim a deduction under section 80C?

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