Comment on Taxation Simplified

KD213079 commented on 18 Jul 2013, 05:56 PM

Dear sir,

I am a housewife and my husband is a government salaried employee. I am using his fund for trading in future and option, equity, commodity and get loss 1.5 lakhs in commodity future in silver . Income tax is charged on his salary. my husband can use this loss to file income tax refund or not. what will be our income tax slab. i have joint saving account for this purpose in sbi.

Another question is this, if i get benifit 2 lakh on my trading and his savings are 1.5 lakh than it will become 3.5 lakh than there will be any income tax charge on this amount.

How much amount can be used as tax free from my husband and my profit for FY 2012-13.

please give me detail about this..

Regards,

Reena sharma
Client id :- DR0555

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