What to do if person death.

This query is : Resolved 

21 June 2024 Sir,

My friends mother is expire on april 24 , now i want to know in his IT file she have 7lac cash in hand,and 8lac in bank.
can his son transfer 8 lac in his bank account and can utilised cash in hand.
What is rule please advise.
WHen to block bank account and pan card

21 June 2024 If he is only legal heir, he can. Whether he is joint holder in the bank account or nominee?

21 June 2024 Transfer bank balance and close bank account.
Cash transfer of 7 lacs can be shown as legal heir.
File ITR and then close PAN card.




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