Interest from joint saving bank account
This query is : Resolved
Nikhil Sharma
(Querist)
04 April 2017
Interest from Joint Saving bank account is taxable in hands of whom? Any of the account holder ? Or there is any basis to decide in whose hands it will be taxable?
04 April 2017
It is taxable in the hands of the first named joint holder.
CAyashoda somani
(Expert)
04 April 2017
It will be taxable in the hand first name of joint holders.
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