July 25, 2023 6:25 PM IST
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Most of the parents also open accounts in the name of their children and invest through them. But, when it comes to filing ITR, most people forget the returns received from these accounts. By doing this, you may get a notice from the Income Tax Department. Also, if you file the income from these accounts in the return, then you can also get a rebate of up to Rs 1,500.