Worldwide, the estate tax, also sometimes called the death tax, is very much a reality.
Did you know that deceased people can also be taxed? The answer all these doubts can be solved with the Expert CA Consultants in S K Nagda & Company, Udaipur Rajasthan India. As per the Section 159 of the Indian Income Tax Act 1961, the legal heir is liable to file the ITR and pay the income tax dues, if any. The online provision to file the taxes makes it easy for everyone.
The income tax return for a deceased person has to be filed, if he/she has taxable income.
As per the Section 159 of the Income Tax 1961, the Legal Heir is liable to file the Income Tax Return , if any. His legal heir/representative needs to file the return on his behalf for the income earned till the date of death.
Legal heir has to register himself at the income tax website for filing the return on behalf of deceased.
We are the top leading Chartered Accountants firm in Udaipur Rajasthan India giving the best consultancy in the Matter of how the file the Income Tax Return of Deceased Assessee