Fd for joint account


26 July 2020 Assess fixed deposit rs.15 lacs in bank.1st name Assess and 2nd name wife joint account.
Question:
Fd investment and Interest received treated in I.t. act.

26 July 2020 The Interest income will be offered to tax by the 1st holder entirely. Also Any TDS credit shall be claimed by the 1st holder.


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