Joint account

This query is : Resolved 

12 November 2012 dr expart
Joint a/c can be used in case of refunds If both assessee(brothers) are agents in the same concern? advice me thanks...

13 November 2012 Account should be in the name of the asseesee i.e. the person whose PAN is used.

13 November 2012 Please follow Mr Nema and say thanks to him.


13 November 2012 dear sir
thanks for replies sir.As you said that means other assessee in which PAN SHOULD NOT BE USED at the time opening bank a/c he must open a new bank a/c for get tds refund ? kindly clear the subject sir thanks...

14 November 2012 Yes the account name should be the assessee name. Kindly open the new account and request for refund if already there is no bank account in the name of assessee

09 October 2021 Refund can be claimed in joint account also, provided assessee's name is same as in PAN/ITR & bank account.



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