Regarding itr related
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 July 2015
I want to transfer Rs.100000 from my saving bank account to my wife's saving bank account in FY-2015-16.Suppose,she earn a profit of rs.35000 from this tr.Now,I want to know that when filling the ITR in AY-2016-17,this amount will go in ITR of mine or my wife's ITR.
My desire is to go to all profit of Rs.35000 wife's ITR.What treatment should be follow?
My desire is to go to all profit of Rs.35000 wife's ITR.What treatment should be follow?
11 July 2015
Rs. 35000/- earned out of money transferred to wife will be clubbed in your hands. To save clubbing provisions, you may transfer as loan to wife.
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Querist : Anonymous
Querist :
Anonymous
(Querist)
11 July 2015
Thanks for the advise.
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