Hi All and @Quicko , I transferred some shares from my demat account to my spouse’s in last financial year. She has not sold any shares, but received dividend as and when distributed by the company. Please help me with my following queries -
- Do I or my spouse need to show this “share transfer” in our ITR forms? If yes, pls let me know where should I mention it in Quicko’s webform.
- Is that dividend earned by my spouse, actually needs to be shown in my ITR and I need to pay tax on that instead of my spouse?
Thanks!