Wife inherited fixed deposits from mother-in-law
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 September 2014
My mother wants to give her bank fixed deposits amounts invested to her daughter-in-law [ that's my wife ] after my mother's death, through a WILL & no body has any objection towards that.
If my wife receives such amount in future & she invests such money in fixed deposits in her name, will that income be clubbed under my income head or will it be my wife's seperate income? She is a housewife.
Please reply at earliest. Thank you very much.
Regards.
C.Kuumar
If my wife receives such amount in future & she invests such money in fixed deposits in her name, will that income be clubbed under my income head or will it be my wife's seperate income? She is a housewife.
Please reply at earliest. Thank you very much.
Regards.
C.Kuumar
Nikhil Kaushik
(Expert)
20 September 2014
no. it wont be clubbed.......
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ETDS return q4 25-26
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
