Dear Sir/Madam,
What are the negetive tax implications if we keep a joint bank account of husabnd and wife
when both are salried and file IT returns ?
MATHEW (PROGRAMMER) 15 June 2017
Dear Sir/Madam,
What are the negetive tax implications if we keep a joint bank account of husabnd and wife
when both are salried and file IT returns ?
Ms.Usha Kapoor (CEO) 15 June 2017
Both of them pay tax.
Advocate Suneel Moudgil (Advocate) 15 June 2017
both are liable to file ITR if income is taxable but the first holder shall deemed to be owner of the bank account as per IT act.
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