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.
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