If a Assessee died on 16 Aug 2021 and he received interest of 5 year Term deposit of 67000 on 15 Feb 2022
Now whole 67000 will be taxable in hands of deceased ?
Or 5 months interest before death will be taxable in hands of deceased and remaining would be taxable in hands of Legal hier ?
In my opinion, income earned or accrued till the death of the assessee i.e. 16th August 2021 will be taxed in his hands and the remaining i.e. from 17th August on wards will be taxed in the hands of legal heir.
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