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Dear Mr. Amitabh ji,
by chanti on Apr 28, 2008 06:13 PM

I worked in abroad for 2 years during 2006-2008. During the period, I visited India a couple of times with less than one months stays. I have made wire transfers to my wife who has a joint account with me in India. She invested that money as Bank Deposits in Rupees mostly on her name, while keeping my name as a joint investor in some deposits.

Please tell me whether these deposits come under taxable income and necessite for me to file Income Tax Return for the current financial year ?


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