Parent Can’t Be Taxed on Minor’s Capital Gains Blocked Under Court Supervision, Holds ITAT Pradeep Jeyavelu v. ITO, ITA No.1626/Chny/2025 Facts of the Case 1. Property was in the name of assessee’s deceased wife. After her death, legal heirs were: Assessee (husband) – 50% share Minor daughter – 50% share 2. …
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