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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
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