Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Executor Must Pay Deceased's Wealth Tax Using Estate Funds; Sections 14, 15, and 17 Apply to Legal Representatives.</h1> When a person dies, their executor, administrator, or legal representative is responsible for paying the deceased's wealth tax from the estate, provided the estate can cover the charge. If the deceased did not file a return or filed an incorrect one, the Assessing Officer can assess the net wealth and determine the tax payable. The executor or legal representative must provide necessary documents for this assessment. The provisions applicable to individuals under sections 14, 15, and 17 also apply to the legal representatives of the deceased.