Income tax return

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Kamlesh (Querist)
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20 July 2018 Hi,
My husband is working as a virtual assistant and earning around 600 to 700 dollors a month (in few months it goes higher than 700 and sometime goes low as well). There is a one online website from where he takes clients. He gets payment via PayPal and afterwards PayPal transfer the receivings, after deducting it's fee to the concerned bank account.
Now, there are few things:
1) account is on my name (website from where he takes client)
2) PayPal account is also on my name
3) bank account is also mine (in which PayPal transfers money
Now, I would like to know:
1) whether my husband can file his return (even though he doesn't received any money in his account) ?
2) Do I have to file return (as I get money in my bank account and bank has my PAN)?

I will really appreciate if you please help me in this.

Thanks

RAJA P M

RAJA P M (Expert)
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20 July 2018 As per my view., 1. Yes. 2. No need.

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krishna

krishna (Expert)
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20 July 2018 Your husband should file his return. You are not required to file unless you have any other income other than these receivings

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Kamlesh

Kamlesh (Querist)
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21 July 2018 Even if Every account is on my name? As I told you earlier as well that there is no bank account is on my husband in which any such payments are received. Also, what if he has no transactions or few transactions are there in his bank account?
Please resolve my confusion.
Thanks

krishna

krishna (Expert)
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21 July 2018 Normally it is better if all the transcations take place in your husbands bank account. Even every account is in your name it is his earning and he is responsible for that earning and so he should only file the tax return. If you dont have any earning or income you need not file it. Whoever earns the income they should report and file it.

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