Urgent q on 54ec bonds!pls help experts

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Priya Mehta (Querist)
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15 January 2012 Sir/mam,
There was a sale of afgricultural land taxable under income tax act 1961, in the FY2009-10 AY 10-11 and it was in the name of ma Granny (80yrs).
V had invested all the sale consideration in 54EC-REC BONDS whic is notified under sec54EC of income tax act.Such bonds wer in the name of Ma Granny , ma mom and dad and it was properly invested within 6months form date of transfer.
Ma queryy is She died in the yr2011 sowe havent filed the return as nothin is taxable but now do v need to remove ma grannys name from the bonds?
Is der any implication on exemption unders sec54ec due to her death?
Pls reply as m in trouble?

CA Sanjeev Kr Jain

CA Sanjeev Kr Jain (Expert)
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22 January 2012 return should be filed and for transmission of bonds you may contact registrar, if nominee is mentioned in the bonds that it would be better not to get bonds transmitted and maturity may be claimed by the nominee by producing death certificate before registrar

Priya Mehta

Priya Mehta (Querist)
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26 January 2012 wat if return is not filed?
Wat if der are 2 joint holder surving?
Do dey hve to pay tax if dey dont file return of income?