Filing ITR with a Joint Account: A Guide to Avoiding Tax Notices

Filing ITR with a Joint Account: A Guide to Avoiding Tax Notices

Filing your Income Tax Return (ITR) can be tricky, especially if you have a joint bank account. A common point of confusion arises with fixed deposits (FDs), where the entire investment amount can show up in the Annual Information Statement (AIS) of both joint account holders. This can lead to a mismatch that may trigger … Read more