Bank occunt
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 March 2014
respected sir,
i am a small retail traders, turnover amounting to rs 26,00,000.i have used sbi savings occount for transactions which is in the name of my son.i like to know that, whether i have to idicate the bank occunt which is in the name of my son in form 4s for ay 2012-13 .please clarify .thanking you.
i am a small retail traders, turnover amounting to rs 26,00,000.i have used sbi savings occount for transactions which is in the name of my son.i like to know that, whether i have to idicate the bank occunt which is in the name of my son in form 4s for ay 2012-13 .please clarify .thanking you.
30 March 2014
you are doing a wrong thing the bank account should be in your name and you cannot mention your sons bank account in ITR 4
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