two I.t. return filed individual persons single bank sb account join ly maintained.
1st person trading transactions in bank sb account
2nd person rental income transactions in same bank sb account
question:
two individuals I.t. Assess every transaction fifty fifty or two individuals I.t. Assess applicable transactions only entries passed in books.
Menu
Bank sb account maintained for joint
Replies (1)
For trading transaction in whose name the demat account if in the name of both you have to take their capital statement individually or in single then single person capital gain statement
then 2nd on whom name the rent agreement done if in both then divide if in single then on the single person name
then 2nd on whom name the rent agreement done if in both then divide if in single then on the single person name
Recent Topic
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
- Research: How do CA firms handle GSTR-2B reconcili
- CA FINAL FR IndAS 33 Illustrtion 14
- Taxation on Sale of old Jewellery Received at Marr
- ITR-3 Filling issues
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
- Credit against paud RCM on rent
Related Topics
CAclubindia
