Easy Office
LCI Learning

Tax saver fd of deceased person

This query is : Open 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 August 2017 A person takes tax saver FD of Rs.1.5/- Lacks in April 2016. He died in may 2017 before filling ITR. Now this FD is being closed due to his death. So should his legal heir show this amount in 80C or not while filling ITR on his behalf? Please Suggest. This FD is being closed now by bank.
Profile Image

CA Rashmi Gandhi

Profile Image

CA Rashmi Gandhi (Expert)
02 August 2017 If filing on his behalf then claim deduction u/s 80C
Profile Image

K Srinivas, CMA CS

Profile Image

K Srinivas, CMA CS (Expert)
03 August 2017 if the FD is closed, then the amount can't be claimed by legal heir..
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

RAJA P M

Profile Image

RAJA P M (Expert)
03 August 2017 Yes. The FD is closed then can't be claimed by the particular person of legal heir....

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


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess


Answer Query



Quick Links