WebFeb 19, 2010 · It is advisable not to pay salary to your wife for recruitment services. you can pay salary to your wife and claim it as expense only if she is qualified for the job she is employed for, As your wife is an Engineer by qualification , she should be rendering service to your organisation thats requires the skill and competence of an engineer and … WebJun 6, 2024 · This is easiest option and allows the owner to report the business on the personal return, with schedule C (attached to form 1040). The spouse payed as an …
How Judges Determine the Amount of Alimony DivorceNet
WebFeb 3, 2024 · For instance, in one case, the husband and wife, both were senior citizens. The husband was earning a sum of Rs.1700 per month through pension. On the other hand, the wife was earning Rs. 1800 per … WebThe main provision relating to clubbing of the income of husband and wife is contained in Section 64 of the Income Tax Act, 1961. Hence, the husband as well as the wife should … the pretty kitty
Transferring Income to a Spouse or Partner to Save Tax Taxcafe
WebApr 21, 2024 · 25% of husband’s salary will be proper to be given as maintenance to the ex-wife NEW DELHI: The Supreme Court has set a benchmark for maintenance to be paid by a husband to his estranged wife, stating that 25% of his net salary might constitute a “just and proper” amount as alimony. WebPosted 12 years ago. I just created an LLC for my rental property, so this is all new to me. Is there any reason to pay a salary to my spouse? If I pay her, to make this simple let's … WebSep 27, 2012 · BBC News, Tokyo The 15th of each month is a big day for 36-year-old Yoshihiro Nozawa: it is the day he gets paid. But every month, he hands over his entire salary to his wife Masami. She... the pretty island madonna