I have purchased gold jewellery worth 2,69,000 mentioning my PAN while transaction was made from my spouse's account in FY 2021-2022.
No ITR filed by me as I my income as housewife is NIL. Now IT dept is sending email to me: "Submit your ITR for AY 2022-23."
Total transactions in my a/c for the FY is 1,80,000/-
If I have to submit return, how much income should I show? And which ITR form?
Check your bank transactions of Rs. 1,80,000/- for any income from other sources.
Add to that bank interest.
File the ITR with said income including gift of the jewelry from your husband.
CAclubindia
