TaxTMI 
TaxTMI 
Name of Wife as co-applicant
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....ame of Wife as co-applicant<br> Query (Issue) Started By: - Ramesh Rangani Dated:- 20-7-2016 Last Reply Date:- 20-7-2016 Income Tax<br>Got 1 Reply<br>Income Tax<br>Hi Experts! Please advise on below ....
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....query: I purchased house (I have already one house in my name) and put name of my wife as co-applicant. All cheque payment was made from my bank account whereas loan was taken in both name (again the....
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.... EMI was deducted from my bank account). My query is whether the income towards notional rent will be shared by both or it will be treated as my income only. Thanking you in anticipation... Reply By....
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.... Ganeshan Kalyani: The Reply: Sir, if you have disclosed the details of house property in your ITR then Department will consider the income earned from said property in computing your income tax. Thi....
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....s is my view. Thanks.<br> Discussion Forum - Knowledge Sharing ....