Wealth tax
This query is : Open
Rownak Jajodia
(Querist)
27 July 2011
Can Department now issue wealth tax recovery notice after 30 years of the AY for the deceased person who died 20 years back.
Rownak Jajodia
(Querist)
27 July 2011
note: the tax recovery notice has no quote of any assessment order passed it just reads the outstanding amount standing due to be paid.
CA PARAS BAFNA
(Expert)
28 August 2011
The deceased might have filed or might have been assessed under the Wealth Tax Act and factual position in this regard can be known either by inquiring the old tax consultant or the department itself.
.
If you are not interested to pay the demand, just take advise of the said consultant who ever had represented the assessee.
.
If you are not interested to pay the demand, just take advise of the said consultant who ever had represented the assessee.
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