89+ Lawyers are online 
Wants to calculate total family income for the income tax purpose
11-Nov-2023 (In Tax Law)
HI, I am working as a software developer in delhi based company, My Annual income is 4.8 lacs. This year my father during filing an ITR shown his annual income of 3 lacs and my mother income of 2 lacs. My sister income is around 12 lac who is married. I want to calculate my total family income, shall i count my father, mother, and sister salary also. Thanks in Advance
Hi, as all the above said family members are major and independent, so their income will be assessed as individual income. Every member need to file separate return except your mother as her income is below taxable limit. Hope this is clear to you.
Helpful?
17+
17+
Adv. Vishal Garg
Delhi | 25+ Answers
CONTACT NOW
Greetings to you,
Dear Sir for calculating your total family income you simply have to add your father's, yours and your mother's income to calculate your total family income.
4.8+3+2=9.8 Lakhs for the current financial year
Regards,
Vaibhav
Dear Sir for calculating your total family income you simply have to add your father's, yours and your mother's income to calculate your total family income.
4.8+3+2=9.8 Lakhs for the current financial year
Regards,
Vaibhav
Helpful?
17+
17+
Adv. Vaibhav Singh
Delhi | 25+ Answers
CONTACT NOW
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Tax lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
