Normal Income Tax Slab Rates applicable to Estate of Deceased Assessee: ITAT [Read Order]

Income Tax Slab Rates - Deceased Assessee - ITAT - taxscan

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that normal income tax slab rates apply to the estate of a deceased assessee. The assessee is an Estate of Late Harkishin Bhojraj Chanrai. As the estate is of the deceased persons, the assessee computed the tax liability as per normal tax slab rates….

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