Saving from monthly expenses ITR

212 views
User Avatar

729 Points Posted on 08 July 2022
Dear Sir

Housewife saving Rs.1000 to 2000 per month from monthly expenses (house hold expense) so need to show in ITR.
0 Reply Share Follow
On 08 July 2022 at 16:53 Report
Replies (3)
Quick Summary
This discussion addresses whether savings made from monthly household expenses need to be declared in your Income Tax Return (ITR). The consensus is that small savings from regular household expenditure do not require specific declaration in your ITR. You generally only need to declare income, not savings derived from managing your expenses efficiently.

User Avatar

SEO Sai Gr. Hosp.
212511 Points Posted on 08 July 2022

Not required..                        

Reply
On 08 July 2022 at 19:05
User Avatar

Chartered Accountant
86505 Points Posted on 08 July 2022
Not at all
Reply
On 08 July 2022 at 22:24
User Avatar

Profession
28269 Points Posted on 09 July 2022
Saving from monthly expenses not required
Reply
On 09 July 2022 at 15:40

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Form 10-IEA – Continuing Old Regime
  2. Income tax act 2026
  3. Belated Return where Form 10IEA filed this year to
  4. GST Reconciliation Tool (2A vs Books) - looking fo
  5. TDS ON PF FORM 19 WITHDRAWAL
  6. Can a virtual office in Mumbai be used for company
  7. Eway and e invoicing in condition where 4 party ar
  8. Bank balance in ITR-3
  9. INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
  10. Tempsens Instruments IPO GMP Allotment Listing dat

More recent discussions | Post

Related Topics :

Loading