Filling of income tax return in ay 17-18
This query is : Resolved
26 June 2017
If Husband open FD account in Bank in his Wife Name for an amount say 20 lac, then his wife is required to file Income tax return for first time, if She is not filling her income tax return earlier ?
26 June 2017
Yes, She is going to file her ITR no more issues...
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26 June 2017
whether any clubbing provisions not fall under such situation?
26 June 2017
Her Husband took FD through sale of Housing Property?
26 June 2017
If the house is Her husband name and he paid the tax liability at the time of sale.
Then he ll be treat as gift to wife...
Then he ll be treat as gift to wife...
26 June 2017
Clubbing provisions will apply on the income from the gifted amount, eg. interest or dividends.
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