Hi,
I have certain questions on the tax filing for an assessee who has died in current financial year. Taking an example, if an assessee dies on 1st Sept 2011:
1. Its the legal representatives who should be filing the return. Who are legal representatives / hiers ? What if the person who dies has not made an will?
2. How would the return be filed? All income uptil 1st Sep2011, in the deceased person's name & for the balance period in legal representatives name?
3. In absence of will, does the property of assessee, goes by default to the spouse? What guides the principle of distribution of assets in absence of will? It is purely a mutual agreement?
4. Can the legal representative still take the benefit of 80C & other deductions after the death of assessee?
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