Playlist Title - How to file return for Deceased assesse ? Playlist Link - https://youtube/playlist?list=PL_16BSQMjAHNl5qdDApCVUzOt-6movTH- Solution - By Amlan Dutta Say , deceased Assesse - Ram Pratap Kumar Previous year - 2013 14 Assessement year - 2014 15 Son - Vinod Kumar Death - Due to Masssive cardiac arrest on 04/7/2013 Here , first the death certificate obtained from both hospital and the municipal corporation has to be send to the assessing officer so that no further notices are sent to the deceased in future .Also pan card of the deceased (Ram ) needs to be surrendered to the IT department Step - 1 ---- Second , most important , please note Vinod Kumar , son (and legal heir assumed ) has to register in income tax website with his login credentials and first register as legal heir See the videos in the playlist - step 1 to see it practically Here , vinod will go to field register as legal heir and fill in the details for the deceased employee You will see there are various fields for giving details of the deceased , like the name , date of birth , surname , middle name , first name etc So , Vinod will first fill this up , Details of the Deceased Name of the deceased - Ram Kumar Date of Birth - (Late Rams DOB) 11/06/1960 Surname - Kumar Middle name - Pratap Last Name - Kumar Step - 2 - Checklist of documents accepted as legal heir ! Then to further proceed on with the request a checklist of documents need to be submitted which are namely , (1) Death certificate of Ram (2) Rams Pan card (3) Self attested Pan card Copy (I.e pan card of Ram signed over by son Vinod) (4) Legal Heir Certificate (5) Affidivait in presence of notarised public All the above documenst needs to be scanned and zipped and then uploaded (Look at the atached pic ) Once , Vinod does all this and submits request for Legal heir , the request is then processed by the department Step - 3 Checking status of legal heir request online In few weeks Vinod will get a confirmation for legal heir .This is also made available in the website under request section .Once it has been approved , then we proceed to stage 4 Step - 4 - Transfer of deceased assesses account credetials to legal heirs account At this stage all the details of Vinods father get transferred to Vinods e filing account ..implying when he logs into his account , there will be two pan numbers one for him and one for the deceased assesse (His fathers )-----using any of this 2 pans , he can view form 26 AS /file return etc do any activity for any of the PANs And now , Vinod can login to his Income tax id website using his login credentials and ion his account he will see that details of his account and his father account account are both made available through different PANs (All income and tax details can be easily made available using for 26 AS in the income tax website for the deceased and this can be used by the legal heir to understand the source of income and TDS deducted if he has no other sources to determine income heads and taxes paid ) Lets assume that Late Ram had income just from salary and Axis bank FD ) for the previous year 2013 14 So , his selection for return would be ITR 1 if one goes by income heads But here the return is being filed by the legal representative (see attached picture ) This is not availablein ITR 1 So Vindo will have to file ITR 2 for Late Ram and select the option Return being filed by legal representative Name of the representative - Vinod Address of the representative - Vinods address B 191 , Jolly maker -1 , Cuffe parade , Mumbai PAN of the representative - Vinods PAN - AIJPD5871R So Vinod will fill the return details (ITR 2 ) for late father Ram and declare all sources of income and taxes paid as can be figured out from form 26 AS AS WELL Then depending upon whether the case is due for refund or otherwise , the return is supossed to be submitted Once done and the return is uploaded , Vinod will get acknowledgement (ITR V )for return filed for his father (Late Ram Pratap singh ) He needs to send the acknowldgement for this to the department Please , note that Vinod, for filing his own return (ITR 1/2/3/4 as the cas emay be ) will login to the income tax website using his own credentials and will file his return which is separate Note this will just happen once in everyones life I explain this in detail because i know billions of lifes will be effected by this both in good manner because of the transparency of the process but also in a negative manner because of the loss of someone precious in life All this stages are captured live in this playlist ! Cheers, Amlan Dutta - Founder of Make Knowledge Free
Posted on: Thu, 21 Aug 2014 09:56:53 +0000
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