Joint holding of Savings bank a/c
This query is : Resolved
A.Dhilipkumar
(Querist)
09 July 2011
Dear sir,
If an assessee maintaining joint account of savings bank account with his spouse.
Whether the same savings bank account to be shown in the books of his spouse.What is the appropriate method of principle to be adopted. I need the clarification.
with regards
dhilipkumar a.
If an assessee maintaining joint account of savings bank account with his spouse.
Whether the same savings bank account to be shown in the books of his spouse.What is the appropriate method of principle to be adopted. I need the clarification.
with regards
dhilipkumar a.
16 May 2012
Normally the bank account is shown in the books of the first holder.
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