sr.auditor
49 Points
Joined October 2009
May be joint account or an individual account one should disclose and furnish their account details in ITR
Banks also impose some charges like forfolio charges, cheque book charges, other bank charges etc.,
there is chance to a person to be active customer and he poses the signing authority. so, most of the first person might avail the income and charges along with TDS also so, Bank People also deduct the tax at source on the first person. incase the second person or the joint account holder is a minor then the first person might be charged as per the tax rules.
* Tax rules are very clear that the active member will be responsible and behalf of minor the responsible person should mention and disclose the bank details and income.