REGARDING INCOME RELATED

132 views
User Avatar

accountant
564 Points Posted on 20 June 2020
RESPECTED MEMBERS
MERE ACCOUNT ME MERI WIFE KI SALARY CREDIT HOTI HE AUR WIFE KA RETURN BI FILE HOTA HE SO IT IS ALLOWED OR NOT.
IF ALLOWED HOW CAN SHOW THIS INCOME.
0 Reply Share Follow
On 20 June 2020 at 10:15 Report
Replies (2)
Quick Summary
This discussion addresses whether it's permissible for a wife's salary to be credited to her husband's bank account, especially when she files her own tax return. While it might not strictly need to be declared on his return, the advice given is to open a separate account in the wife's name for future salary credits to maintain clarity and compliance.

User Avatar

Chartered Accountant
4524 Points Posted on 21 June 2020
You don't need to show it in your ITR. But in future better to open a bank account in the name of wife and start receiving salary on that account.
Reply
On 21 June 2020 at 12:18
User Avatar

accountant
564 Points Posted on 21 June 2020
Thank u very much sunil sir
Reply
On 21 June 2020 at 12:40

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. GST Reconciliation Tool (2A vs Books) - looking fo
  2. TDS ON PF FORM 19 WITHDRAWAL
  3. Can a virtual office in Mumbai be used for company
  4. Eway and e invoicing in condition where 4 party ar
  5. Bank balance in ITR-3
  6. INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
  7. Tempsens Instruments IPO GMP Allotment Listing dat
  8. Upload Type - Correction. Not showing in TDS filli
  9. Partnership tax audit query
  10. ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V

More recent discussions | Post

Related Topics :

Loading