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joint account

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(Querist)
10 July 2017 if we have joint SB/Loan account how to shown transactions in joint holders account?
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
10 July 2017 Normally SB account is shown in 1st holder name
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
10 July 2017 Normally SB account is shown in the books of 1st holder
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thotasrinivas

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thotasrinivas (Querist)
10 July 2017 Incase loan taken jointly over all loan shown in 1st holder what about 2nd holder's share principal n interest amount? In 80C how can we claim in both assessees ..??
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
11 July 2017 In case of loan we divide the loan as per agreement in both the parties

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