Tax Connect
madhuvridhi
Tag: legal heir
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Nominee in share doesn’t grant inheritance rights – Supreme Court
Nominee in share doesn’t grant inheritance rights – Supreme Court In a recent judgement delivered on 14th Dec, the Supreme Court has ruled that ownership of financial instruments like shares and debenture certificates should pass to the successor through legal or testamentary means, rather than to the nominee. The Court said being a nominee in
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Income Tax Notice in name of deceased
No time limit for legal heirs to intimate death of assessee to dept.; notice in name of deceased is invalid