The income of a minor (child below 18 years of age, except a child suffering from a disability) can be taxed in India. It is included as part of the total income of the child’s parent.

Who has to file Income Tax?

Last updated on Jun 2, 2022

It is mandatory for every person to pay Income-tax. Income tax law defines the term ‘person’1 to include:

  • Individual. For example, a salaried employee etc.
  • Hindu Undivided Families (HUF). For example, a HUF including the joint family of Mr Rakesh, Mrs Rakesh and their sons pays tax as a separate entity.
  • Association of persons or body of individuals. For example, a housing cooperative society.
  • Firms. For example, a firm called TaxMann & Co-owned by Mr Rakesh and Mrs Rakesh.
  • LLPs. For example, ABC LLP. In an LLP, each partner is not responsible or liable for another partner’s misconduct or negligence.
  • Companies. For example, ABC Ltd., XYZ Ltd.
  • Local authority and any artificial juridical person not covered under any of the above. For example, University and Institutions, Municipal Corporations, etc.

Thus, from the definition of the term ‘person’, it can be observed that, apart from a natural person, i.e., an individual, other artificial entities like a company, HUF, etc. are liable to pay Income-tax. All association of persons, body of individuals, local authority, artificial juridical person will have to pay income tax even if they were formed with or without the objective of earning a profit, or income. 2 However, certain institutions or entities in India do not have to pay tax under the law. Read here to find out more.

  1. Section 2(31), Income Tax Act, 1961[]
  2. Exception to Section 2(31), Income Tax Act, 1961[]

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Please share your feedback about this post!

Sharing feedback will help us improve our content. Tell us how!

If you want to keep your feedback confidential, please mention it in your feedback. If you have a question, please ask us in the comments or Ask Nyaaya sections.

Leave a Reply

Your email address will not be published. Required fields are marked *

Have a question you want to ask our legal experts?

Related Resources

What is Income Tax?

Income tax is a tax levied by the Government of India on the income of every person. The Income Tax Act, 1961 deals with it.

Income Tax Returns or Forms (ITR)

An Income Tax Return (ITR) is a form through which the details of income earned and taxes paid are communicated to the Income Tax Department.

Calculating Taxable Income

For calculating income tax, Income Tax Department taxes you based on your income from different categories.

Deductions Reduced from Tax

A deduction is an expense that is subtracted from an individual’s gross total income to reduce the amount which is going to be taxed.

Time Limit for filing Tax Returns

This post talks about time limit for filing income tax returns and where exceptions are allowed by tax authorities.

Income exempt from Income Tax

Exemptions are those incomes which are exempt from tax, i.e. do not form a part of the total income calculated for taxation purposes.