ITR related query...

dear colleagues gud evng,
ek confusion hai ki generally aap kisi housewife ki ITR me kya income show krte hai...mtlb ek housewife hai koi income nhi hai unki...lekin bss file maintain krne k liye ya capital increase krne k liye file bana rhe hai.. toh unki kya income dikahu jo reasonable bhi lage..

regards
Replies (9)
Quick Summary
This discussion explores how to declare income on a housewife's Income Tax Return (ITR) when there's no substantial earning. Participants suggest various legitimate options, such as income from home-based activities like baking or tutoring, or showing bank interest. The consensus is to avoid declaring false income and to file the return even if income is below the taxable threshold.

Show interest income from bank under income from other sources in ITR only
Why u want to show wrong income, why u want to generate income, when there is none, u can always file return, even when u don't have taxable income, i.e below 250000 pa..
Either Income from in-house activities like Pape making, sewing , Laundry work, baking etc.

Best....show tution income

Either tuition income or sb bank interest
Ohhk thnk u so much all

give her loan and let her invest in  shares MF and return loan to you. Secondly put FD in her name and int of FD club with your income. Transfer int to her act and subsequently use that int for investment and generate her income

Welcome...... My Pleasure.............

Your welcome

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