Tax liability
This query is : Resolved
02 April 2015
My elder brother has expired on 05112014 after retiring in pvt service on 30092014.
He has received only Rs. 80000/- from his employer during alive. After his death his widow (house wife) now received LIC claim rs.200000/- ,Prov Fund Rs. 700000/- before 31032015. Gratuity upto Rs. 200000/- and some arrears of salary by effect of majhatiya ayog upto Rs. 2 to 3 lakh are yet to received. What is the tax liability of his widow during the year 2014-15 and 2015-16 or simply declaration is to be required to IT Dept.
He has received only Rs. 80000/- from his employer during alive. After his death his widow (house wife) now received LIC claim rs.200000/- ,Prov Fund Rs. 700000/- before 31032015. Gratuity upto Rs. 200000/- and some arrears of salary by effect of majhatiya ayog upto Rs. 2 to 3 lakh are yet to received. What is the tax liability of his widow during the year 2014-15 and 2015-16 or simply declaration is to be required to IT Dept.
02 April 2015
ITR should be filed by his legal representative and can check the process of filling in following link:
https://www.caclubindia.com/articles/how-to-register-as-a-legal-heir-to-do-e-filing-on-behalf-of-deceased-17121.asp
https://www.caclubindia.com/articles/how-to-register-as-a-legal-heir-to-do-e-filing-on-behalf-of-deceased-17121.asp
02 April 2015
Thank You Very Much Sir,
03 April 2015
you are welcome ramesh..............
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- Sales return eway bill
- Treatment of Pension ?annuity returns on PMVY
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Taxation on LTCG for property sold after 24JUL2024
- GST ON DAMAGED GOODS
- GST Registration Horse racing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
