Hi
My query is
Suppose Mr. X made a tax saver FD of INR 50,000 on 01/01/2021 and dies on 25/03/2021 . after that nominee breaks and enchased the same FD in april 2021.
can legal heir get the benefit u/s 80C for the tax saver FD.
Income Tax Wala: (Fin. Expert) (Chartered Accountants) (2015 Points)
15 November 2021Hi
My query is
Suppose Mr. X made a tax saver FD of INR 50,000 on 01/01/2021 and dies on 25/03/2021 . after that nominee breaks and enchased the same FD in april 2021.
can legal heir get the benefit u/s 80C for the tax saver FD.
Vishal Manakshe
(299 Points)
Replied 15 November 2021
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2015 Points)
Replied 15 November 2021
See, legal representative wants to take 80C benefit in ITR of deceased.
Vishal Manakshe
(299 Points)
Replied 15 November 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 15 November 2021
sabyasachi mukherjee
(27574 Points)
Replied 16 November 2021