Clubbing provisions
This query is : Resolved
23 July 2011
Dear,
we would like to your adviseon the following issue.wifes income is to be clubbed with husband's income as per IT provisions. Is it possible to deduct 80 c payments from wife's income and club the income after such deduction in husband's income? Further can the husband claim 80c deduction upto Rs one lac from the clubbed income.
we would like to your adviseon the following issue.wifes income is to be clubbed with husband's income as per IT provisions. Is it possible to deduct 80 c payments from wife's income and club the income after such deduction in husband's income? Further can the husband claim 80c deduction upto Rs one lac from the clubbed income.
23 July 2011
Dear author,
There is no such provision that always wife's incomes clubbed in husbands income. If wife earn in his own capacity than it will not clubbed.
But if it is clubbed than you can't clubbed it after 80C deduction. It will clubbed before it.
There is no such provision that always wife's incomes clubbed in husbands income. If wife earn in his own capacity than it will not clubbed.
But if it is clubbed than you can't clubbed it after 80C deduction. It will clubbed before it.
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Value of property in capital gain
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
