Regarding income tax return


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Querist : Anonymous

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Querist : Anonymous (Querist)
08 July 2014 sir,
my wife is dentist n running her clinic which itr form should she file.income not more than 2.5 lakhs.want to take loan from bank on basis of itr 2012-2013, 2013-2014 also she hve a property in her name value approx 50 lakhs...

08 July 2014 ITR-4 Form with income & expenditure and Balance sheet.

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 July 2014 the clinic is newly established n the amount invested is of my father.n what to show in income n expenditure account n in balance sheet.......kindly revert

08 July 2014 U can show that investment as capital in the business. The cash will b treated as gift from relatives(fully exempted). So ur wife can show it as capital in her business.

08 July 2014 you can show as gift or as loan .

11 July 2014 follow sandeep's views i agree with him.

11 July 2014 Thanks Tushar for appreciation.

11 July 2014 you are welcome sandeep...continue the good work..........


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