due to sole properitor's death the business has been dissolved. so the capital was taken as cash by his legal heirs. do this attract tax
3 Replies
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 02 June 2011
but legal hiers will have to file return o deseased person
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 02 June 2011
| Originally posted by : future ca | ||
 |
but legal hiers will have to file return o deseased person |
 |
Agreed
CA kuldeep kothari
(own practice)
(375 Points)
Replied 02 June 2011
return filing is ok as it has to been ......by the legal heirs
no tax is attracted in this case
Recent Topics
- ITR filing for non resident in one FY
- 2 buyer form 26qb
- CFS INCLUDING MAURITIUS SDS
- Tds on rent paid to two persons
- GST R-9 Turnover
- ITC wrongly Taken in GST 3B
- Tax liability in the case of Joint Ownership of Pr
- RCM-Director
- Levy of GST on the invoice that crosses Rs.20 lakh
- Clarification for ITR AY 2024-25
Related Threads
Trending Online Classes
-
6 days Certification Course on GST Practical Return Filing Process
CA Pratibha Goyal16 December 2024
CAclubindia
