Filing return
This query is : Resolved
03 February 2010
One person is getting interest income which is shown in other sources every year. He is an employee of public sector company. He died in Oct, and his income transfered to his wife's name. Now her wife received Form 16A for the year from the company in her name only.
So the querry is while filing return whether income is to be shown in the name of her wife or.. income should be bifurcated ,i.e., till Oct in name of that Person and after Oct in name of her wife??
Please help me out of this situation.
So the querry is while filing return whether income is to be shown in the name of her wife or.. income should be bifurcated ,i.e., till Oct in name of that Person and after Oct in name of her wife??
Please help me out of this situation.
CA Shishir
(Expert)
03 February 2010
Till October, the income should be filed in the name of the assessee. After the death, the income will be taxable in the hands of nominiee (wife in the given case).
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
