Regarding itr related
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 July 2015
I want to transfer Rs.100000 from my saving bank account to my wife's saving bank account in FY-2015-16.Suppose,she earn a profit of rs.35000 from this tr.Now,I want to know that when filling the ITR in AY-2016-17,this amount will go in ITR of mine or my wife's ITR.
My desire is to go to all profit of Rs.35000 wife's ITR.What treatment should be follow?
My desire is to go to all profit of Rs.35000 wife's ITR.What treatment should be follow?
11 July 2015
Rs. 35000/- earned out of money transferred to wife will be clubbed in your hands. To save clubbing provisions, you may transfer as loan to wife.
Message likes :
1 times
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 July 2015
Thanks for the advise.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- TDR receipts for agreement holder
- Inventory of finished goods
- Filing of Form 10BB instead of Filing Form 10B
- Company Incorporation - CA and directors signing from different states
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Confusion around Form 26QB fields
- Intimation wrongly states taxpayer has offerred u/s. 44ad & states probable resolutiton to do audit
- Refund AY 2012-13 and 2013-14
- DIRECT TAX CODE 2025
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
