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of <h1>Executor taxed on deceased's estate income under Section 168 - residential status follows deceased's status</h1> Section 168 of the Income Tax Act, 1961 governs taxation of deceased persons' estates through executors. Estate income is taxable in the executor's hands - as an individual if one executor exists, or as an association of persons if multiple executors exist. The executor's residential status follows the deceased's status during the year of death. Assessments are made separately from the executor's personal income. Separate assessments cover each completed previous year from death until complete distribution to beneficiaries. Income distributed to specific legatees during any previous year is excluded from estate income but included in the legatee's total income for that year.
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