Assessment of Other Person — Third-Party Income Reporting
Report income assessable to another person — gift income, trust distributions, HUF allocations and spousal credit.
Assessment of Other Person (AOP) allows you to report income that is taxable to someone else in your return — gift income, amounts credited to dependents, trust or HUF distributions, and other scenarios where you receive or hold funds on behalf of another. This is essential for compliance when you are acting as custodian, trustee or recipient of specific income.
AOP and third-party income reporting
Complete guidance on when and how to report income assessable to others in your ITR.
- Identification of AOP scenarios (gift, trust, HUF)
- Income allocation between parties
- Deduction eligibility and apportionment
- TDS and TCS credit coordination
- Schedules and computation documentation
- Multi-person ITR filing strategy
- Beneficiary and trustee compliance
What this service includes
The core elements of Assessment of Other Person work.
Gift Income
Income generated on gifted funds or property reported by the recipient; tax burden shifts from giver to receiver.
Trust & Estate
Distributions from trusts and estates allocated to beneficiaries on receipt; trustee reports only accumulated income.
HUF Allocation
Income allocated to HUF members; the koparceni relationship determines who bears tax on each stream.
Custodian Reporting
Funds held on behalf of minors, wards or dependents reported in their ITR even if held by custodian.
Our process
From initial consultation to completion.
Engagement & Scope
Understand your situation and define the scope of work and deliverables.
Analysis & Strategy
Review your existing filings, identify issues and develop a corrective strategy.
Implementation
Execute filings, submissions and required responses with full documentation.
Completion & Support
Deliver final work, support any follow-up and integrate with ongoing compliance.
Why we lead in Assessment
What sets our approach apart.
Correct allocation
AOP ensures each person reports what is legally theirs, minimising audit risk and penalties.
Multi-person coordination
When multiple ITRs are filed (beneficiaries, trustee, custodian), we coordinate so data aligns.
Deduction optimization
We allocate deductions to the person best positioned to claim them for lowest overall family tax.
Assessment of Other Person questions answered
What people ask before engaging us.
Ready for expert Assessment support?
Let our team help you navigate this process with clarity and confidence.
