Hi,
In case of a Joint account in a Bank who is Liable for Income Tax? is it both?
Menu
Joint account tax liability
Replies (2)
Both person 50 - 50% is liable to pay tax
And what if one of them die's before income tax scrutiny?
Recent Topic
- Tax obligation in AY 2026-27
- EFILING ITR2 FROM COMMON FILING UTILITY
- SBI gold bond interest
- PPF Interest Exempt - But what drop down to choose
- Itr2 or itr3 intraday trade 1 loss of 70 paise
- Calculation of IT
- CA FINAL FR IndAS 33 Doubt(Corrected)
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
Related Topics
CAclubindia
