Suresh holds 22% shares in X Y Ltd. His wife is a software engineer. Now Mrs. Suresh is drawing a remuneration of 30,000 p.m. from X Y Ltd. The salary of wife of Mr. Suresh will be taxable in the hands of
A. Suresh
B. Wife of Suresh
C. Whos oeuvre’s income is higher
D. None of the above
Answer:B
Suresh holds 22% shares in X Y Ltd. His wife is a software engineer. Now Mrs. Suresh is drawing a remuneration of 30,000 p.m. from X Y Ltd. The salary of wife of Mr. Suresh will be taxable in the hands of
A. Suresh B. Wife of Suresh C. Whos oeuvre’s income is higher D. None of the above