iN CASE OF DEATH OF A PERSON WHO WILL BE LIABLE FOR PAYMENT OF TAX THAT COMES FROM HIS INCOME MADE IN THE YEAR OF DEATH?
Amir
(Learner)
(4016 Points)
Replied 02 June 2010
Dear Soumyayan,
Sec 159(1) - Where a person dies, his legal representative shall be liable to pay any sum which the deceased would have been liable to pay if he had not died, in the like manner and to the same extent as the deceased.
RAKESH
(Almost CA)
(2199 Points)
Replied 02 June 2010
legal representative of the deceased has to bear the tax. as rightly said by amir sir.......
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