Menu
Please help
Husband and wife were running separate business.In the year 2014-15, husband expired and wife filed his return on behalf of her husband by taking over the business. Now query is how to incorporate the entries of deceased firm of husband in wife's books.
Replies (3)
Its a case of succession of business. Any loss shall also be allowed to carry forward as well.
File the return upto the death of the deceased and later make entries in wife's name
Rather to merge u can show it separatly
file separately til the death of the deceased person. incorporate entries as succesion from the business
Recent Topic
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
- Tds on deceased's pan
- Exempt income declaration schedule EI in ITR2 (AY2
Related Topics
CAclubindia
