ITR for housewife

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Analyst
38 Points Posted on 30 December 2020

Hello, I am filing ITR for my housewife.I have purchased a flat on her name while i am paying the EMIs. She has 0 income but on the 2AS there are details under "PART F – Details of Tax Deducted at Source on Sale of Immovable Property u/s 194IA/ TDS on Rent of Property u/s 194IB /TDS on payment to resident contractors and professionals u/s 194M (For Buyer/Tenant of Property /Payer of resident contractors and professionals)" with builder's acknowledgement number, PAN of deductee, total amount, total TDS deposited etc. 

Is there anything i need to show while filling ITR for my housewife with these details ? If yes, then plz help with the steps.

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On 30 December 2020 at 17:03 Report
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Quick Summary
This discussion addresses filing an Income Tax Return (ITR) for a housewife when a property has been purchased in her name, with the EMIs being paid by the husband. Despite the housewife having zero income, details of TDS (Tax Deducted at Source) related to the property purchase appear on her 2AS statement. The advice clarifies that no income needs to be shown for the housewife in her ITR, as for tax purposes, a husband and wife can be considered as a single unit for property acquisition. The husband should declare the income and claim the TDS refund on his own return.

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STUDENT
1631 Points Posted on 30 December 2020
First , how buy flat , whats the source of income?
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On 30 December 2020 at 22:43
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Accountant
4533 Points Posted on 31 December 2020
You don't need to show any income in ITR of your wife. since husband and wife are treated as single one for the purchase of property in income tax, you can purchase property in name of your wife.
kindly file your income tax return showing any income and take refund of your TDS.

IF YOU ARE FACING ANY DIFFICULTY IN FILING YOUR ITR OR you are finding it difficult to get refund, you can contact me
jaykishanc @ gmail.com
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On 31 December 2020 at 00:46

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