Dear All,
I would like to know that lets say husband and wife have taken joint home loan and the amount is repaid from the joint account. Husband is a professional and wife is working in a company. The husband transfers a share of the amount for home loan repayment from wife's account to joint account.
The account will be taken into the making the itr for husband. How the fund transferered from wife's account will be adjusted. Is it going to be added in capital or ???