Income relating to a dead assessee
This query is : Resolved
01 June 2011
Dear Sir/ Madam
Example: Mr A died during the financial yr 2009-10.
Ques 1:- Is his income for the fin yr 2009-10 is liable to be taxed in his hand for the Ass Yr 2010-11?
Ques 2:- If any income relating to him, TDS is deducted from it and the TDS certificate has also been issued in his name, then whether in the ass yr 2011-12 also income tax return is to be filed in his name?
Sir Kindly advice whether the return is to be filed in the name of Mr A or his legal heir.
Kindly advice asap.
Regards
Divya
divya@ushankar.com
Example: Mr A died during the financial yr 2009-10.
Ques 1:- Is his income for the fin yr 2009-10 is liable to be taxed in his hand for the Ass Yr 2010-11?
Ques 2:- If any income relating to him, TDS is deducted from it and the TDS certificate has also been issued in his name, then whether in the ass yr 2011-12 also income tax return is to be filed in his name?
Sir Kindly advice whether the return is to be filed in the name of Mr A or his legal heir.
Kindly advice asap.
Regards
Divya
divya@ushankar.com
01 June 2011
Ques 1:- Is his income for the fin yr 2009-10 is liable to be taxed in his hand for the Ass Yr 2010-11?
Yes, His legal representative will file his return.
Ques 2:- If any income relating to him, TDS is deducted from it and the TDS certificate has also been issued in his name, then whether in the ass yr 2011-12 also income tax return is to be filed in his name?
Ans : The Tax can be refunded on his account provided the return is filed showing the income on which tax has been deducted.
Yes, His legal representative will file his return.
Ques 2:- If any income relating to him, TDS is deducted from it and the TDS certificate has also been issued in his name, then whether in the ass yr 2011-12 also income tax return is to be filed in his name?
Ans : The Tax can be refunded on his account provided the return is filed showing the income on which tax has been deducted.
02 June 2011
Thank you for you VALUABLE RESPONSE.
Kindly advice whether the return is to be filed in the name of Mr A or his legal heir.
Regards
Divya
divya@ushankar.com
Kindly advice whether the return is to be filed in the name of Mr A or his legal heir.
Regards
Divya
divya@ushankar.com
31 July 2024
The return is filed in Mr. A’s name but by his legal heir or representative.
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
- Unregistered suppliers utility
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- Bank details not Visible on Traces Portal
- Taxability of Partnership firm for FY 2025-26
- Journal entry of busniess expenses
- LIC maturity claim whether taxable
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
