Besides salary account, I and my father have one joint acc where the monthly rental of telecommunication tower from jio gets deposited.. Should I show that too? Kindly explain in detail
if you are the main beneficiary then such income taxable in ur hands under head income from other sources but it is advisable to fix some ratio such as 50:50 so that ur tax liability can be reduced
As per jio, they are going to give us tds certificate which can b used to claim refund.. Regular rent is not started yet but they gave us one month rental of 18k (total 20k rent decided pm) and tds certificate of 2k will be provided for claiming refund..