Report No. 265

Prospects of Exempting Income arising out of Maintenance Money of 'Minor'

Contents
	Prospects of Exempting Income arising out of Maintenance Money of 'Minor'
1.	Reference to the Commission
2.	Revisiting the provisions of the Income Tax Act, 1961
3.	Interpretation of Taxation Laws
4.	Legislative history of section 64 of the Act, 1961
5.	Report of Dr. Raja J. Chelliah Committee
6.	Transfer of Assets
7.	The Finance Act, 2012
8.	Nature of Custody and Maintenance Order
9.	Arguments for seeking the exemption
10.	Arguments for not granting exemption
11.	Recommendations