joint bank account

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In a Savings Bank A/c Wife is primary and Husband is secondary holder (Either Or Suvivor).

All money in this A/c belongs to Wife and is reported / tax paid in her ITR.

SB Account is disclosed in wifes ITR.

TDS from this SB A/c is deducted on Wifes PAN.

Q: Is it mandatory to disclose this SBA/c in Husbands ITR ? Husband has separate SBA/c in his Sole name which is already disclosed in his ITR.

Replies (16)

In a Savings Bank A/c Wife is primary and Husband is secondary holder (Either Or Suvivor).

All money in this A/c belongs to Wife and is reported / tax paid in her ITR.

SB Account is disclosed in wifes ITR.

TDS from this SB A/c is deducted on Wifes PAN.

Q: Is it mandatory to disclose this SBA/c in Husbands ITR ? Husband has separate SBA/c in his Sole name which is already disclosed in his ITR.

Originally posted by : jesa
In a Savings Bank A/c Wife is primary and Husband is secondary holder (Either Or Suvivor).

All money in this A/c belongs to Wife and is reported / tax paid in her ITR.

SB Account is disclosed in wifes ITR.

TDS from this SB A/c is deducted on Wifes PAN.

Q: Is it mandatory to disclose this SBA/c in Husbands ITR ? Husband has separate SBA/c in his Sole name which is already disclosed in his ITR.

Kindly reply,

Thanks


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