The Federal Board of Revenue (FBR) has said that the joint accountholders in banks will be treated as filer if at least one person in the joint account is a filer of income tax return. While clarifying a query raised by banking sector through an income tax circular issued here on Thursday, the FBR has said that in case a joint account is held in a bank by more than one person, joint accountholders as an entity shall he treated as filer if at least one person in the joint account is a filer.
Posted on: Fri, 18 Jul 2014 05:23:40 +0000
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