If 2 persons are jointly holding a bank account, in whose B/S the balance will be shown??
Also in whose hands the interest income will be taxable???
Ayushi Agarwal (Article) (161 Points)
27 July 2012If 2 persons are jointly holding a bank account, in whose B/S the balance will be shown??
Also in whose hands the interest income will be taxable???
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 28 July 2012
All in the name of the first holder to the bank A/c.