THE HUSBAND & WIFE BOTH HAS A PAN NO & BOTH ARE FILLING THE IT RETURNS IN THEIR OWN CAPACITY..
THE HUSBAND HAS INCOME NEAR ABOUT 5,00,000/ &HE MADE INVESTMENT ABOUT 50,000/-IN (80C DEDN). WIFE HAS A INCOME ABOUT 1,50,000/- & INVESTED ABOUT 35,000/-IN (80C DEDN)
SO MY QUERY IS THAT INVESTMENT MADE BY WIFE CAN BE CONSIDERED IN HUSBAND INVESTMENT WHILE CALCULATING THE INCOME TAX.(BECAUSE WIFE HAS INCOME WHICH IS BELOW TAXABLE LIMIT.& SHE IS NOT CLAIMING THE INVESTMENT..)& THE AMOUNTS ARE PAID HUSBAND & WIFE ACCOUNT SEPARATELY..
CAclubindia
