Itr for housewife

Colleagues, 

My spouce is housewife. No any income. I transfer money in her S/B A/c. then transfer DMat A/c. & procured some shares. She gain LTCG 4L & STCG 28K. Is it required to fill ITR? & if yes, than which ITR form should fill. How can I save tax in such case?

Replies (7)

ITR 2

LTCG over equity tax-exempt.......

STCG will be clubbed in your (husband's) return, taxed at 15%.

Wow, what a instant reply. Thanks sir.

One more doubt. I don't have any income except trading. Should I file ITR. 

Yes, due to transactions in the trading account.....  and due to CGs, query would be raised.

Sir, what is indexation benefit? Could any one elaborate & give example of LTCG /STCG indexation benefit & w/o indexation benefit.

heres-how-to-compute-capital-gains

 

tutorials/15-%20ltcg.

 

capital-gains-income

yes excellent sir. 

Sir, I would like to ask two more querries-
1. I  got leave encashment of 96K & other exgratia of 168K after resigning from my current job in March-18. I got this amount in Apr-18. Should I add this amount in my current year earning? Is it exempted in any section? Pl. advice.

2. There is a difference of 60K in my FORM-16A & 16B received from employeer. 16A shows 60K excess gross income. I had contact with employeer. He says that I can't do that. Pl. give your opinion....

Pl. help me .............

1. I  got leave encashment of 96K & other exgratia of 168K after resigning from my current job in March-18. I got this amount in Apr-18. Should I add this amount in my current year earning? Is it exempted in any section? Pl. advice.

2. There is a difference of 60K in my FORM-16A & 16B received from employeer. 16A shows 60K excess gross income. I had contact with employeer. He says that I can't do that. Pl. give your opinion.... 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details