Deceased father's income
This query is : Resolved
22 July 2020
Sir as my father is dead due to chorona he has 80 lakhs bank balance and some properties till he has never paid any income taxes. But now we want to add his property and bank balance among three brother by filing first time income tax return can we pls suggest.
22 July 2020
Income can be shown under IFOS :Income of other person and pay taxes.
22 July 2020
Else take proper permission from IT Dept and add any one as representative assessee in E filing portal of dead person and pay taxes and file his ITR
23 July 2020
Sir as nominee is mother he is willing to share this income as gift to her son.how tax will be calculated how much tax
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