To do this, the legal heir must create a new application and follow the steps indicated on the portal, upload the mandatory documents and submit the application. After submitting the application, the tax administration examines the application and accepts or rejects it. The legal heir can only file the deceased`s tax return if confirmation from the tax authorities is obtained,” says Anita Basrur, direct taxation, Sudit K Parekh & Co.LLP, an accounting firm. For example, if a person receives Rs 8 lakhs as his share of his father`s property and his father has a tax debt of Rs 9.5 lakhs, then he cannot be obliged to pay more than Rs 8 lakhs. The liability of the legal heir is limited to the value of the inherited property. Step 2 – Log in to the Legal Heirs e-Filing Portal As the legal heir, you must submit the return on behalf of the deceased for income up to the date of death. Calculate the deceased`s income from the beginning of the year until the day of death, and therefore the tax payable on the deceased, in the same way as if the deceased were alive. If you do not know the exact income, you should use bank statements, investments and other relevant documents required for income tax calculation. Did you know that the deceased can also be taxed? As ironic as it may seem, a deceased person`s tax return must be filed if they have taxable income. His heir/legal representative must submit on his behalf the declaration of income received up to the date of death. The legal heir must register on the income tax website to file the declaration on behalf of the testator. In this article, we will discuss how to file the deceased`s tax return by a legal heir.

The legal heir is responsible for the tax payable, as well as the other sum, i.e. the penalty, fine or interest that the testator would have owed if he had not died. This means that the fine procedure for failure of the testator can also be initiated against the legal heir. However, its liability would be limited to the extent of the property inherited from the testator. · Log in to your own e-tax return account, click Authorized Partners on the home page and select Register as a representative Open an appraiser ITR account: The tax return in the case of a deceased person must be submitted by the legal heir. In such a case, the legal heir must first register as an Assessee representative on the tax portal available under the “Authorized Partners” tab. This is done from the account of the legal heir using his login. Once the application for registration as a legal heir has been approved, you can file a declaration as a legal heir on behalf of the deceased. Here is the process of filing the return: According to the provisions of Article 159 of the Act, the legal representatives or heirs of a deceased person are obliged to pay the tax debt due in the name of the deceased and are considered taxable in the name of the deceased. Even if a person dies, they cannot be exempted from their tax liability. Their legal heir or representative must file the income tax return (ITR) on their behalf for income earned up to the date of death. For this purpose, the legal heir must register on the income tax website.

Last update: The CBDT issued a circular on September 9, 21, extending deadlines for certain direct tax regulations for AY 2021-22. 1. Extension of the ITR submission due date :i) The itrs submission by taxpayers who are not subject to the review will be filed as of the 30th. 21 September extended until 31 December 21(iii) The filing of the ITRs for tax audit cases is extended until 15 February 22 (iii) The submission of the transfer pricing ITR is extended until 28 February 22 (iv) The submission by the ITRs of the late or revised declaration for fiscal year 20-21 is extended from 31 December 21 to 31 March 222. Presentation of the audit report:i) The deadline for submitting the audit report is extended to 15 January 22ii) The deadline for submitting the audit report for transfer pricing cases is extended to 31 January 22 Filing of the ITR: How to file a tax return in 30 minutes My cousin died in January 2021. All his savings bank accounts have now been transferred to his wife. What is the procedure for filing a deceased person`s tax return by their legal heir or representative? Property taxes can be claimed on the testator`s tax return if they have paid them, or from the legal heir if the legal heir has paid them. A standard deduction of 30% is allowed for both on rental income.

If the excess tax (ATD) was deducted in the hands of the deceased taxpayer, it may be claimed as a refund when the tax return is filed by the assessor. In addition, the bank details of the representative appraiser should be provided on the tax return for fiscal year 2020-21, and any refund can be claimed by the widow. To this end, legal heirs should register as representative assessors of the deceased via their e-filing profile. Below are the steps to follow if you need to register as a legal representative. TDS lists on ITR forms also allow a taxpayer to claim such a TDS that was deducted in the spouse`s NAP. Accordingly, this possibility may also be considered by the wife when submitting her individual tax return if the corresponding savings income is offered by her for tax purposes. The legal heir must register as a legal heir on the income tax website. To do this, we need to know who the legal heir is and how to register as a legal heir on the state income tax website.

Registration as a legal heir is mandatory for the electronic filing of the tax return in the name of the deceased. The PAN of the deceased person and the legal heir must be registered on the e-filing portal. However, if the deceased NAP is not registered, the legal heir may register in the name of the deceased. Here are the steps to register the legal heir: The legal heir is responsible for paying the taxes incurred on the deceased`s tax return. However, he is not personally responsible for the taxes due. The liability of the legal heir is limited to the extent that the property inherited from him is suitable for the performance of the liability.