Menu
Is income belongs to deceased taxable in the hands of legal heir or deceased
An assessee died in the month of oct. He was salaried employee. He had FDRs. But the interest on FD shown in 26as upto march in deceaesed PAN. Can the interest income (TDS also deducted) for whole year is taxable in the hands of deceased (return filed through legal heir) or in the hands of legal heir (from oct. to march)?
Replies (2)
Upto the death month, under PAN of deceased person as per ITR filed by legal representative.
From next month under the PAN of legal heir.
But the interest for the whole year shown in deceased 26as & tds also deducted then how can i claim tds in the legal heir file
Recent Threads
- AIS NOT OPEN
- ICICI BHARAT 22 FOF AND NASDAQ 100 FOF CAP GAIN TA
- Schdule BFLA and CFL Error regarding adjustment of
- CIRCULAR WITH RESPECT TO WAIVER OF INCOME TAX OUTS
- How does opting for 44AD impact speculative income
- New GSTR 1
- Purchase and sale of land , showroom, building
- GTA provides services to unregistered person.GST i
- TDS on Sale of Ancestral property
- Tds on transport contractor
Related Threads
CAclubindia
