Clubbing of income in case of husband & wife
This query is : Open
01 August 2016
Hello,
I m stuck in a case. Need ur help.
A House property purchased. Payment made by husband but property is in name of his wife who is housewife. They are having 2 house properties from which they r getting rent income including the above mentioned house and they live in another house property by paying rent. Pls let me know the tax implications for filing ITR. Whether clubbing provision will apply in hands of husband? Thanx in advance
I m stuck in a case. Need ur help.
A House property purchased. Payment made by husband but property is in name of his wife who is housewife. They are having 2 house properties from which they r getting rent income including the above mentioned house and they live in another house property by paying rent. Pls let me know the tax implications for filing ITR. Whether clubbing provision will apply in hands of husband? Thanx in advance
01 August 2016
yes, clubbing provision will be attracted. It will be clubbed n the hands of husband
Message likes :
1 times
02 August 2016
it will be treated as husband's income..
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Fixe term employment
- Is any professional CA is here please reply
- Gift Received from nonblood relative
- Section 50-fixed asset-->building ceases to exist
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Experts need help
- Putting a heading on received mail
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
