Are we liable to pay Income Tax which was levied on My father (now deceased)
I have received a notice from income tax section 148 on 23rd December against my father who died on 2021 Decembe. We have communicated via our Chartered Accountant by uploading his Death Certificate. After 4 days tax authorities came and collected details like legal heir certificate and again send notice section 148 against my mother who is the legal..Weve again requested and received a personal hearing.. the hearing section is over and we are required to submit documents...What Should we do..Are we liable to pay tax.
Yes legal heirs are liable for paying tax due but only to the extent of the assets and property you have inherited from your father
07/04/2024 07:07 am
You would be liable to the extent of assets you have inherited from your father
10/04/2024 18:23 pm
Yes legal heirs liability to pay tax
01/05/2024 22:02 pm