Income tax return

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 December 2014 An Individual lady died last year in June 2013.There are investment in her name,which has not been transfered in another person name.Around Rs. 25000 Tds has been deducted last year in her name.So is it required to file the income tax return for A.Y. 2014-15?
And if yes in who's name?

03 December 2014 https://www.caclubindia.com/forum/urgent-question-on-deceased-assessee-s-return--254070.asp#.VH6ft9KUdic

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 December 2014 Thanks for the reply. One more question till how much amount a father can gift to his son in a year??

03 December 2014 there is no ceiling limit for same as both are covered under definitions of relative u/s 56 so not taxable.

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 December 2014 Thanks a lot tushar for help

03 December 2014 you are welcome friend......................


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