Bank account-joint account holder read more at: http://www.

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neha

Others

458 Points Joined July 2014

in bank account instead of primary account holder, can the joint account holder declare the income from bank interest as their income?or does it have to be th eprimary account holder itself

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Dhirajlal Rambhia

SEO Sai Gr. Hosp.

208731 Points Joined July 2016

Usually primary account holder is presumed to be the owner of the account. Even bank report Primary holder's PAN for any AIR reporting, or TDS deduction, if applicable. But if the ownership of the account can be recognized as that of any joint holder, then the interst credit can be accounted for the joint holder.