Section 159 of ITA, 1961 : Section 159: Legal Representatives

Explanation using Example

Imagine a scenario where Mr. Sharma, a successful entrepreneur, passes away on March 15, 2023. At the time of his death, he had not filed his Income Tax Return for the financial year 2022-2023. Mr. Sharma's son, Raj, is the legal heir to his estate.

Under Section 159 of the Income-tax Act, 1961, Raj, as the legal representative, is responsible for filing the pending Income Tax Return of his late father for the financial year 2022-2023. He is also liable to pay any income tax...

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