Income Tax Return Filling

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sachin tiwari (Querist)
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20 November 2008 The assesse expired in the month of feb 08:

1)Whether 2 return has to be filled i.e from april 07 to feb 08 and other for the month of march 08.
2) If any tax liability arises in the 1st return who will bear the same.
3) Both the returns will be signed by the representative assessee.

sachin tiwari

sachin tiwari (Querist)
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20 November 2008 please revert with the answers

CMA Jitendra Singh

CMA Jitendra Singh (Expert)
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20 November 2008 The represantative assessee from the sources of income of deceased assessee.As will transfer the assets as well as attached liabilities

sachin tiwari

sachin tiwari (Querist)
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20 November 2008 in the 2nd return will bear the tax liability as the income is clubbed with her.

CA Parvin Ahuja

CA Parvin Ahuja (Expert)
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01 December 2008 Only one return of Income will be filed i.e from Ist April of the financial year till feb.(date of death)Since the assessee has died where is the question for the remaining period of the financial year.The tax liability, if any, will be borne by the legal heir and the return of income will be signed by the legal heir.

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