27 August 2026
Rule 37BA Compliance..... According to the Income Tax Rules, when income is assessable in the hands of another person, the credit for TDS must be given to that other person proportionately. So,,, Under Section 5A of the Income Tax Act, the Tax Deducted at Source (TDS) must be apportioned equally (50:50) between the husband and wife, matching the equal division of the underlying non-salary income.