ITR for Deceased: ITR has to be filed even for a dead taxpayer, know the answer to this question here

ITR Filing: Be it salaried class or business class or any individual, everyone has to file Income Tax Return. The last date for filing ITR is 31 July 2024. If you have not filed the return yet, then you should complete this work as soon as possible.

Do you know that along with a living person, Income Tax Return (Deceased Person's ITR) is also filed for a dead person. Today we will tell you why it is necessary to file ITR for a dead person as well.

what does the rule say

According to the Income Tax Act, if the deceased person has any income, it is mandatory to file ITR. This return will be filed by the legal heir. Apart from this, it is also the duty of the legal heir to file ITR for the deceased person.

Now the question is who will claim the tax refund. The answer is the legal heir or legal successor. Yes, it is the responsibility of both of them to file the return till the day he is alive. Only the legal heir or legal successor can pay the tax and can also claim the refund.

How to file ITR of deceased taxpayer? (How to file ITR of deceased taxpayer)

First of all, after registering as legal heir, you have to download the ITR form from the website.
After this you will have to fill all the details carefully.
Now the form has to be uploaded in the format of an XML file. The form will not be downloaded in any format other than XML.
In place of PAN card details in the ITR form, the legal heir will have to provide his/her details.
After this the option of assessment year will have to be selected.
After uploading the XML file and digital signature the form has to be submitted.

How is income calculated

According to experts, just like the income of a living person is calculated, the income of a dead person is calculated in the same way. All tax deductions and exemptions are included in their income. The income of a dead person is calculated only till the date when he is alive.