how to coinsider int. on kvp's joint a/c, is his /her proportion only considered?
Menu
KVP's joint a/c
Replies (1)
It depends.
If the KVP Investment is being shown 50-50% in both the balance sheet then the interest element shall also be taken as 50-50.
Else the payor can claim the investment and also the interest thereon.
Recent Threads
- Invoice related audit
- Gst input credit related
- Updated ITR as missed the dead line
- Change if place of business l
- Purchase from unregistered dealer garments busines
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
- GST RCM GTA
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
Related Threads
CAclubindia
