POSTED BY March 18, 2015 3:50 pm ONE COMMENTON
I am a taxpayer. My income after income tax, I give to my wife which in turn she invests in shares. There are two scenario i) income/loss on selling shares after STT and one year time period second ii) income/loss from selling the share within 1 year after STT
When filing income tax return for spouse, How to declare the money got from husband as source of income ( which is already income taxed by husband)
Can you explain this aspect.