Income Tax Return Filling

This query is : Resolved

sachin tiwari (Querist)
Follow

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)
Follow

20 November 2008 please revert with the answers

CMA Jitendra Singh

CMA Jitendra Singh (Expert)
Follow

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)
Follow

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)
Follow

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.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

bhavesh

Srikanthan S

rana andcompany

Pranab Banerjee

Gurunathan kannan

Subscribe Now

Income Tax Return Filling

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

GST CONSULTANCY

Manager- Finance and Compliance

GST CONSULTANT

Accountant

Senior Executive