TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Joint Asset Owners Liable for Tax on Another's Income, Must Pay Upon Demand Per Chapter XIX-D Provisions</h1> When income from an asset or firm membership belonging to a person other than the assessee is included in the assessee's total income, the person in whose name the asset is registered must pay the tax portion attributable to that income upon receiving a demand notice from the Assessing Officer. If the asset is jointly owned, all owners are jointly and severally liable for the tax. The provisions of Chapter XIX-D apply to these situations.
TaxTMI 
TaxTMI 
