1 Points
Posted on 09 May 2019
I am a housewife my grandmother has made an FDR as she as a 1st holder and me as a 2nd holder in either or survivor now she told me to close the FDR on her behalf and the amount of proceeds of FDR in my saving account..will there be any tax liability from my side if the amount remains in my saving account of rs 8 lakh