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
CA PARAS BAFNA
(Expert)
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
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Query on effect of registration of property
- Visiting card purchase
- GST on reimbursement of expenses
- Whether output tax is taken credit by purchaser
- Equity Share Sale and Purchase
- Additional trade name
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Wrong CMPo8 file
- Number of years as per AS amortisation of Goodwill
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
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
