19 June 2014
Husband & wife have joint bank A/c (either or survivor) Husband 1st a/c holder & wife 2nd a/c holder. Wife deposits cheques of 13 lacs in this A/c after paying tax on the 13 lacs. Will saving bank interest of 4% given by bank be shown in husband's return??? Many thanks in advance to my learned friends who spare the time to answer.
CAclubindia
