How to reflect wifes clubbed income in wifes ITR

ITR 311 views 7 replies

Hi all my question is as a Husband I am clubbing my wifes interest income in my ITR under Schedule SPI. Apart from this clubbed income my wife has her own little income also. Now when I file wifes ITR then I per force has to show her clubbed income which I refllected in my ITR under shedule SPI, in her return also ELSE there will be mismatch with her 26AS as well as AIS. Thus same income is doubly shown in her as well as my ITR.

Can anyone suggest how to show above clubbed income in wifes ITR so mismatch does not take place in her ITR with her AIS/26AS.

Thanks

Shankar

Replies (7)
Post assesse Income separately.

Not Clear. I want to avoid to include wifes income in her ITR as it is clubbed with mine and reflected by me in my ITR under schedule SPI. Kindly be specific as to how to reflect same in her ITR without adding to her income so that there is no mismatch with her AIS /26AS. Your answer is not specific to the issue.

Clubbing of income theory
Can help you sir in the return filing process and specially reporting in case of clubbing of income

my email id is raj @ rcdco.in

  sir again no specific answer

you can not club your wife's income in yours. 

Incorrect. If wife is housewife then her income has to be clubbed with your income. Refer section 64 of IT act. Post only when you are sure


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