I have STCG from share trading in my wife's account. All trading done through the funds I transferred to her. She also has interest income. Those would be clubbed in my income. How to show this in my IT return ?
I fall under 30% tax bracket. Under what heads is clubbing income to be shown ?
The clubbed income will be shown under the same head as your wife earned it...
The STCG will now be shown under your STCG and interest income under IOS in your return.....
| Originally posted by : Sunshine... | ||
 |
The clubbed income will be shown under the same head as your wife earned it... The STCG will now be shown under your STCG and interest income under IOS in your return..... |
 |
AGREED
|
The clubbed income will be shown under the same head as your wife earned it... The STCG will now be shown under your STCG and interest income under IOS in your return..... |
AGREED.
| Originally posted by : Sunshine... | ||
|
|
The clubbed income will be shown under the same head as your wife earned it... The STCG will now be shown under your STCG and interest income under IOS in your return..... |
|
Agreed
| Originally posted by : Sunshine... | ||
|
|
The clubbed income will be shown under the same head as your wife earned it... The STCG will now be shown under your STCG and interest income under IOS in your return..... |
|
AGREED
The clubbed income will be shown under the same head as your wife earned it...
The STCG will now be shown under your STCG and interest income under IOS in your return.....
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