Direct tax
Theja Gajula (22 Points)
14 June 2016
periodical amounts received from husband to meet household expense is not taxable and technically called ???????
3 Replies
CA Saurabh Singh
(Practising Chartered )
(974 Points)
Replied 14 June 2016
No such cannot be called as taxable income.
For Husband it would be treated as drawings, and no treartment in the hands of wife
Recent Topics
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
Related Threads
CAclubindia
