Single bank sb account maintained jointly
This query is : Resolved
Quick Summary
Kollipara Sundaraiah
(Querist)
15 December 2020
Two I.t return filed individual Assess single bank sb account maintained jointly transactions
1st Assess trading transactions in bank sb account
2nd Assess rental income transactions in bank sb account.
Question:
Two I.t. return filed assess every transaction 50:50 share or Assess applicable transactions only entries passed in books.
1st Assess trading transactions in bank sb account
2nd Assess rental income transactions in bank sb account.
Question:
Two I.t. return filed assess every transaction 50:50 share or Assess applicable transactions only entries passed in books.
26 December 2020
Can you please explain more about the query to understand better ?
Dhirajlal Rambhia
(Expert)
01 October 2021
As per the income derived by each assessee. Eg, 100% rental income for second assessee.
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