Tax treatment of income after transfer
Mahesh Chandra Mohapatra (189 Points)
30 June 2018Mahesh Chandra Mohapatra (189 Points)
30 June 2018
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 30 June 2018
u have to pay tax in all incomes generated from the amount trf to wife (clubbed)
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 30 June 2018
What kind of income is transferred.?
Kindly elaborate.
If income is visible in your 26 AS you will be fully taxable even if u transfer.
Live class on PF & ESI Enrollment & Returns Filing(with recording)