24 March 2023
My father expired in october 2022. He left behind some term deposits which are going to expire in sep 2024. These term deposits bear an interest rate of 9% so I do not want to break them until maturity.
If I do not break the term deposits, in whose ITR should the interest be added?
If I register myself as a legal heir can I file my deceased father's ITR for the financial years of 2023-24 and 2024-25 and also claim TDS?
Can the same person be the legal heir of both his deceased parents?
CAclubindia
