Which of the following statement is incorrect with regard to Resident SB a/c opened jointly with NRI close relative?
A.Cheques favouring the NRI close relative can be credited to this a/c
B.Interest paid on such a/c is not subject to tax in India
C.A/c to be treated as resident bank a/c for all purposes
D.If NRI becomes survivor of such an a/c, a/c shd be categorized as NRO a/c