Computation of deceased person & itr filing

Dear all,

I wish to know how to report the income of deceased tax payer and file his return. I know the process of registration of legal heir of the deceased person. But I am confused as to how much income to be considered in his return and how much income in his legal heir return.

For example, Mr. A died on 14/08/2018. He has all interest income of say Rs. 5,00,000/- pa. and monthly rental income of Rs. 20,000/- TDS is deducted on FD interest of Rs. 45,000/- for whole year.

So how to bifurcate this income between the deceased person and legal heir?

Further since TDS was entirely deducted on the PAN of the deceased person & is appearing in Form 26AS , so we can not bifurcate it.

Kindly guide.

Regards,

Suraj

Replies (1)
The law says that the income should be taxed in the hands of Deceased person upto date of his death and all his income after his death should be taxed in hands of legal heir,
so accordingly such income should be bifurcated..
and The TDS provision also says that TDS on FD should also be deducted in PAN of deceased person upto date of his death and TDS for the periods after his death should be deducted in the PAN of legal Heir.

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