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Income Tax - Highlights / Catch Notes

Home Highlights April 2013 Year 2013 This

Attachment of account - Bankers have a right to combine one or ...


Bankers Can Combine Single-Customer Accounts, But Not Joint Accounts with Another Person for Fair Account Management.

April 25, 2013

Case Laws     Income Tax     HC

Attachment of account - Bankers have a right to combine one or more accounts of the same customer. But it cannot combine the account belonging to another or to himself alone with another account which is the joint account with another and third person - HC

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