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(Querist)
24 June 2017 I am working in MNC; unmarried. I transfeered Rs. 1 Lakh to my mother bank account and she had deposited term deposit of 1 year. I want to know whether the interest income will be added to my income or my mothers income.??
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Amol S Joglekar

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Amol S Joglekar (Expert)
24 June 2017 you donate the money or otherwise, the income will be that of your mother.

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