3 min read.Updated: 15 Nov 2021, 12:12 AM ISTRajat Dutta
A Will could have many heirs and no directions on how to handle income tax
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On the demise of a family member, while securing cash flows to supplement the monthly income assumes top priority, the next is tax compliance. In such a situation, two distinct tax filings are possible viz. for a period starting from 1 April till the date of demise and post date of demise till 31 March.
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