Journal
Journal

Stay abreast with the latest developments in the professional domain along with in-depth analysis through the monthly BCA Journal. Get access to an engaging library of researched publications from the BCAS stable.
Learn More

Current Issue

Past Issues

Subscribe

BCAJ New Subscription

BCAJ Renew Subscription

Be a BCAS Member

Audit Trail Compliance in Accounting Software
Read More

Analysis of the Decision of the Supreme Court in Safari Retreats
Read More

Gifts and Loans — By and To Non-Resident Indians – II
Read More

BCAJ New Subscription

BCAJ Renew Subscription

Be a BCAS Member
Brieficles

Brieficles

BCAJ Brieficles are short-format, web-only articles on contemporary topics of professional importance that are open-for-all to read & share.
Explore Brieficles

Legal Considerations for Start-Ups – Are you overlooking some?
Read More

ATR & AQMM – Audit Reports of Auditors!
Read More

भारत पहले – 75 Year of Independence
Read More
Resources
Resources

Explore past issues of BCA Journal & indulge in a treasure trove of high-quality professional content across format of print, videos & learning events from the BCAS stable.
Learn More

Past issues

Golden Content

Publications

Events

Self-paced Learning

Video Insights

President and CEO of The Institute of Internal Auditors
Read More

Mr. N. R. Narayana Murthy
Read More

Mr. Ishaat Hussain
Read More
About
About

Monthly mouth-piece of BCAS, the BCA Journal is a leading publication that has been in continuous circulation for more than 53 years. Over the years the BCAJ has become synonymous with high-quality & authentic content across fields of finance, accounting, tax & regulatory matters. The BCAJ has wide circulation across India & commands huge respect amongst the Chartered Accountants` community.
Learn More

Introduction

BCAS Website

Journal Policies

Contribute an Article
Advertise
Reach Us
Reach Us

For queries, collaborations, and insights to forge, Drop a line, share thoughts, inquiries galore, At BCAJ, your messages, we eagerly explore.
Learn More

Get in Touch

Feedback

October 2011

A.P. (DIR Series) Circular No. 12, dated 15- 9-2011 —Savings Bank account maintained by residents in India — Joint holder — Liberalisation.

By Gaurang Gandhi | Chartered Accountant

Reading Time 1 mins

This Circular permits resident in India to include their non-resident close relative(s) (relatives as defined in section 6 of the Companies Act, 1956) as joint holder(s) in their resident bank accounts on ‘former or survivor’ basis. However, such nonresident Indian close relatives are not permitted to operate the said bank accounts during the life-time of the resident account holder.

levitra

Download PDF

Journal

Brieficles

Resources

About

Reach Us

October 2011

A.P. (DIR Series) Circular No. 12, dated 15- 9-2011 —Savings Bank account maintained by residents in India — Joint holder — Liberalisation.

You May Also Like

A.P. (DIR Series) Circular No. 11, dated 7-9- 2011 — External Commercial Borrowings — Simplification of Procedure.

A. P. (DIR Series) Circular No. 99 dated 29th January, 2014

Journal

Brieficles

Resources

About

Reach Us

October 2011

A.P. (DIR Series) Circular No. 12, dated 15- 9-2011 —Savings Bank account maintained by residents in India — Joint holder — Liberalisation.

Share

You May Also Like

A.P. (DIR Series) Circular No. 11, dated 7-9- 2011 — External Commercial Borrowings — Simplification of Procedure.

A. P. (DIR Series) Circular No. 99 dated 29th January, 2014