Income tax return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 April 2017
Dear expert,
I've a joined senior citizen savings a/c with my father (60+). 1st applicant is father & 2 applicant is me. actually i maintain the account as deposit, withdraw, fd benefits. in f.y 2016-17 fd matured & received principal & interest both in this joint a/c. my question is who will show this income in itr return, me or my father?
thanks in advance
I've a joined senior citizen savings a/c with my father (60+). 1st applicant is father & 2 applicant is me. actually i maintain the account as deposit, withdraw, fd benefits. in f.y 2016-17 fd matured & received principal & interest both in this joint a/c. my question is who will show this income in itr return, me or my father?
thanks in advance
03 April 2017
It is to be shown in the hands of first named joint holder i.e. father.
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