Easy Office

Credits in joint bank account

This query is : Resolved 

02 November 2019 Hi..I have a joint account with my wife who is a homemaker and I am the primary account holder. For deposits related to consultation services into this account, can I file returns on her name as I am salaried and fall into a higher tax bracket? Kindly advise.

02 November 2019 Better to have separate account for Wife and if credits goes to that account, it should be taxable in her hand.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries