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This query is : Resolved 

Mother paid money 45 lacs in March 25, 2020 and 10 lacs in June 21, 2020 to buy a flat in the name of her son. Pl. advice me;
1) Who will file 26QB mother or son?
2) What will be the due date of furnishing 26QB?
3) Percentage of interest and for how many days to deposit?

1. Son

2. April 30 for 45 lacs and July 30 for 10 lacs.

3. 0.75% for a month or part of a month if not deposited on the dates as in (2) above.

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