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ganpat patil
Sep 27, 2007, 02:54 AM
Sir,
I am Ganpat from pune. I have a one question regarding loan repayment,
“If I am taken money from my wife for house loan repayment than that money is going to be consider as my income”
Supplementary Information:-
1) Presently I free from income tax because of house loan.
2) Owner of property-Me & My wife
3)My wife is working but she having income less than tax limit(145000/-)

Ganpat
Pune

AtlantaTaxExpert
Sep 27, 2007, 11:45 AM
Ganpat:

This looks like a question about INDIA's tax law.

This forum is for U.S. tax law.