I want to know that my grandmother died in may18 but TDs was deducted by the bank after death till december18 in her name. So can I show income upto may 18 in her return and balance income in my return as legal heir from June to dec18 and also I want to know how to claim full tds from April to dec18 as tds was deducted after her death by bank.
Menu
Tds deducted after death
Replies (5)
Yes, you can.
There is option in ITR utility to give credit of TDS deducted to third person.
Yes, you can. But for interest income from June to Dec.
There is option in ITR utility to give credit of TDS deducted to third person.
You have to register yourself as legal heir of your grandmother then only you can file her return as legal representative.
Hi Sir.... I am also facing the same issue. I think the provision in ITR to give credit of TDS deducted to third person is allowed under Rule 37BA(2) which require a declaration to be filed to the decductor for change. However, banks do not change. How should I proceed further in the case....I am really confused. Is there any other way. Please advise.
Did u get the solution. Please share with me
Recent Threads
- Section 194T – TDS on Payments to Partners:
- Tax planning with HUF
- FCN ( Financial Credit Notes) Treatement in Books
- Indemnity bond notarization for Income Tax (NRI ou
- GST - RCM - for Commercial Building Rent
- Exemption from Penalty for delayed Board meeting
- TDS ON PROFESSIONAL FEES IN NON AUDIT CASE
- Penalty are applicable on short payment of GST
- Closing Stock111
- INVOCIE GENERATED FROM ONE COMPANY AND EWAY BILL G
Related Threads
CAclubindia
