Hi,
In case of a Joint account in a Bank who is Liable for Income Tax? is it both?
2 Replies
Ankit Patel
(Consultant)
(186 Points)
Replied 16 July 2016
Both person 50 - 50% is liable to pay tax
Chaitanya Joshi
(Manager)
(37 Points)
Replied 16 July 2016
And what if one of them die's before income tax scrutiny?
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