Income tax


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Querist : Anonymous

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Querist : Anonymous (Querist)
21 June 2017 If there is a joint account of fixed deposit, in the name of husband and wife.

As per Income tax , in whose Income Tax File i.e. husband or wife ,
the above Fixed Deposit require to show.

21 June 2017 First named person

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 June 2017 Mam , whether first name person apply in case of brothers also.

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 June 2017 Mam ,
whether first name person apply in case of brothers also.

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 June 2017 Mam,
In joint account, whether we cannot show investment by dividing investment in equal portion for joint account holders

22 June 2017 The right way to show is in the name of the person who deposited the funds.

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 June 2017 Sir,
whether same treatment will apply for persons having joint savings bank account.
If not kindly explain the treatment for joint savings bank account holders.

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 June 2017 Sir,
whether the same treatment will apply for persons having joint savings bank account.
If not kindly explain the treatment for joint savings bank account holders.

Studentsca (Expert)
22 June 2017 Agreed with Seetharaman sir , if investment done with husband's funds in name of wife, clubbing provisions will be applicable.

22 June 2017 Same treatment applicable to savings ac also.


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