Death of assessee before completion of assessement
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 January 2016
our client was dead before 31-3-15. but his total business income is Rs.above 1 crore what procedure may I followed for Income tax return filing for the same?
14 January 2016
In case of a deceased assessee, his legal representative is liable to file his ITR.
This requires registration of a legal heir on income tax website which involves a legal procedure also.
If his accounts are required to be audited as his income exceeds the prescribed limits for tax -audit. Any income arising after his death will be taxable in the hands of the successor. Contact a CA for moving ahead in this matter.
This requires registration of a legal heir on income tax website which involves a legal procedure also.
If his accounts are required to be audited as his income exceeds the prescribed limits for tax -audit. Any income arising after his death will be taxable in the hands of the successor. Contact a CA for moving ahead in this matter.
Message likes :
1 times
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 January 2016
yes id follwed above procedure and also i done IT retrun. but the same when i want be return 3cd & 3cb report aseesee confirmation r not getting
15 January 2016
You have to work from the legal heirs account for all filing related matters.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- COP Surrender 2024
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
