Your queries: Income Tax- Interest earned on joint accounts are taxable for both primary, secondary account holders

[ad_1] By Chirag Nangia I stay in my parent’s house. To avail benefit of HRA, I pay Rs 30,000 per month as rent to my father. Am I supposed to deduct TDS? —Vinay Tiwari As per Section 194-IB, with effect from June 1, 2017, an individual and HUF paying monthly rent above Rs 50,000 shall […]

Your queries: Income Tax- Interest earned on joint accounts are taxable for both primary, secondary account holders Read More »