| Question And Answer | |
|---|---|
| Subject: | Property Purchased in the name of wife but all payment are made by Husband |
| Category: | Income-Tax |
| Querist: | Bikash Roy Chowdhury |
| Answered by: | Research Team |
| Tags: | Reassessment, Reassessment notice, wife |
| Date: | August 22, 2023 |
Property Purchased in the name of wife but all payment are made by Husband and housing Loan is also in the name of Husband, Now case is open u/s 148. What should be the course of action for proof of source of payment for wife ?
The assessee should file the return and also file detailed reply explaining the source of investment as well as supporting evidence . The Revenue may drop the reassessment proceedings .
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