Return form of deceased
This query is : Resolved
07 July 2022
An asssessee who has gross total income 412476 and 80TTB deduction Rs.44619. Taxable income Rs.367857. He died on 17/2/2022. He is 79 years old. Whether his legal representative have to file return of income for the asst year 2022-2023. After relief u/s 87A his tax liability is NIL
08 July 2022
No need to file ITR in such a case as there is no Taxable income.
08 July 2022
clarify , that the assessee income exceeds 300000 (taxable limit of senior citizen - his age is 79 years old). But tax liablity due to 87A is NIL. In this situation also his legal heir is not liable to file return of income. He died during the financial year 2021-22. No TDS in his account.
08 July 2022
As gross total income exceeds basic exemption limit, it is mandatory to file return.
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