Hi All,
My client got the Demand Notice from IT Department for Rs. 20 lakhs on his capital gains. After getting notice, my client got expired without attending to notice. Now department people are contacting his kin to pay the liability. Can anyone explain what is the liability of the kin of deseased.
Children becomes the legal representative of the deceased and is liable to pay tax.
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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Triveni Turbine Limited
Bengaluru
CA
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CAclubindia
