Separate itrs for husb/wife..but what about school fees?

496 views 1 replies

Dear Friends,

My wife and I are self-employed and our respective earnings tracked against our individual PANs.  I could use your guidance in deciding:

1) Can we combine our incomes into one IT Filing?  If so which ITR should we use?

2) If we cannot, then which ITR should we use (we have used ITR1 last year for separate filings..is that OK?)

and if we do file separate returns then how do we individually take advantage of deductions for 80(c) like School fees etc?  split them in half?

Thank you friends

Replies (1)
itr are applicable based on nature of income & accordingly u need to choose the correct one . income should be taxed in the hands of person earning such income(so it cant be jointly filed). MOST DEDUCTIONS UNDER CHAPTER V1 A ARE ALLOWED ON PAYMENT BASIS...U CAN VISIT THE LINK PROVIDED IN REGARDS TO ITR & FOR FURTHER INFO....https://incometaxindiaefiling.gov.in/portal/downloads.do

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details