Tfr of money from wife"s account
This query is : Resolved
05 January 2014
I have transferred rs. 100000/ from my wifes account . what will be tax complications and any body kind enough to advise how this money to be shown for incometax purpose. I am a senior citizen.
05 January 2014
Complication will arise in the family in case the amount has been transferred by you without her consent. This can be shown as loan- if you think honestly to repay her back. There is no tax incidence.
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05 January 2014
thanks Mr.Paras - pl send me your address and or phone no. for my tax consultaion - I stan in andheri - Mumbai - rameshchandra maheshwari -
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