Joint account
This query is : Resolved
12 November 2012
dr expart
Joint a/c can be used in case of refunds If both assessee(brothers) are agents in the same concern? advice me thanks...
Joint a/c can be used in case of refunds If both assessee(brothers) are agents in the same concern? advice me thanks...
CA Anurag Nema
(Expert)
13 November 2012
Account should be in the name of the asseesee i.e. the person whose PAN is used.
13 November 2012
dear sir
thanks for replies sir.As you said that means other assessee in which PAN SHOULD NOT BE USED at the time opening bank a/c he must open a new bank a/c for get tds refund ? kindly clear the subject sir thanks...
thanks for replies sir.As you said that means other assessee in which PAN SHOULD NOT BE USED at the time opening bank a/c he must open a new bank a/c for get tds refund ? kindly clear the subject sir thanks...
Gayathri Devi
(Expert)
14 November 2012
Yes the account name should be the assessee name. Kindly open the new account and request for refund if already there is no bank account in the name of assessee
Dhirajlal Rambhia
(Expert)
09 October 2021
Refund can be claimed in joint account also, provided assessee's name is same as in PAN/ITR & bank account.
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