Easy Office
LCI Learning

Deceased father's income

This query is : Resolved 

22 July 2020 Sir as my father is dead due to chorona he has 80 lakhs bank balance and some properties till he has never paid any income taxes. But now we want to add his property and bank balance among three brother by filing first time income tax return can we pls suggest.

22 July 2020 Income can be shown under IFOS :Income of other person and pay taxes.

22 July 2020 Else take proper permission from IT Dept and add any one as representative assessee in E filing portal of dead person and pay taxes and file his ITR


23 July 2020 Sir as nominee is mother he is willing to share this income as gift to her son.how tax will be calculated how much tax



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query