Death of assessee

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 December 2015 Dear experts,
Plzz clarify how many year can we file the income tax return after the death of assessee..

Thanxx in Advance

CS kanak

CS kanak (Expert)
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08 December 2015 The legal representative of the deceased has to file the income tax return for the income on which the deceased. The income earned in the year of death is classified in two categories:

Income earned from April 1 till the date of death
Income earned thereafter till the end of the financial year.
Usually, spouse or close relative of the deceased takes charge as the legal representative. Else, in case of will of the taxpayer who has passed away, the executor is held responsible. The legal representatives will have to file returns in the deceased’s name for income earned till the date of death. Subsequent earnings are to be taxed in the hands of the legal representative/executor of the deceased’s estate. So if an individual died on 12 June 2014, his legal representative will have to file on his behalf for the financial year 2013-14 as also for the income for three months of 2014-15 in the next assessment year.

Thank you
CS Kanaklata swain

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