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Fd for joint account

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(Querist)
26 July 2020 Assess fixed deposit rs.15 lacs in bank.1st name Assess and 2nd name wife joint account.
Question:
Fd investment and Interest received treated in I.t. act.
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CA Raj Doshi

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CA Raj Doshi (Expert)
26 July 2020 The Interest income will be offered to tax by the 1st holder entirely. Also Any TDS credit shall be claimed by the 1st holder.

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