Dear all,
please if any person find any inappropriateness or some doubt or wrong conclusion please confirm me and help to improvise my knowledge.
thanks in advance to all
siddhesh
(si)
(198 Points)
Replied 04 July 2019
Dear all,
please if any person find any inappropriateness or some doubt or wrong conclusion please confirm me and help to improvise my knowledge.
thanks in advance to all
Shankar Rugge
(376 Points)
Replied 04 July 2019
Siddhesh
1. I think as per law under sch SPI in ITR2 one has to show wifes int income without TDS which I did a year before
2. Whatever TDS cut I filed wife's ITR and claimed refund based on TDS deducted as shown in her 26 AS
3. This AY since I gave form 15H to bank they did not deduct TDS
4. I will again showed int income in my ITR2 under schedule SPI and pay taxes including this income
5 I will file wifes ITR1 and show this income + int on int and no TDS is there so it is exempted
6. As per IT laws I have to club her int income under sch SPI in my income as she is housewife. But int on int becomes her income
7. Correct me if need be
Thansk
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