I am planning to eFile my wive s IT Return , She gets Salary from a company (non tds) and take tutions at home . So I would be filing ITR-4S (Correct me if i am wrong).
She bought a LIC for Rs 19000 approx..and I had paid this amount to her account by cheque. So I become the Sundry Creditor.
My query is , Do i need to mention this amount of 19xxx of Sundry Creditor ( Loan ) while filing ITR in ""Financial Particulars in Business"" i.e i E8 Column
OR this entry of 19000 need not be required to be entered in NOB BP Page of Efiling under ""Financial Particulars in Business"" as its a personal loan between both of us.
Please clarify.and help me filing this ereturn
CAclubindia
