banner_ad

Savings Bank interest - deceased

Tax queries 262 views 1 replies

My late father had  2 savings bank account -(A) Either or Survivor (Father + Mother) and (2) Single (nominee- Mother) . After his death in May-2019 , the bank on our application in 1st account removed fathers name , then Mother became primary and me as secondary i.e Either or Survivor in September 2019 . In the 2nd savings account the final amount was paid in August 2019 to mother.

My question is that the savings interest will be accumulated in whose name in both accounts for the respective quarters??This is for IT filing FY 2019-20 for my father.

Replies (1)
Upto sept show interest in fathers income and after sept show in mothers income.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details