• Compansation after death if income tex paid since 5-year

Dear sir
My husband was passes away from last year 26th march2019.he was regular tax payer for 5 year .l can claim for compensation to govt.
 he was suffering kidney prolem and death after dylysis in home
Pan-acrpr3051p
Name -gonar ram
Thanking you
Nilam kumari
Asked 6 years ago in Income Tax

Dear Ma'am,

 

Hope you are doing well !!

 

Compensation for what?

 

Are you talking about tax refund or something else?

 

Could you please elaborate further? 

Payal Chhajed
CA, Mumbai
5189 Answers
302 Consultations

Under the whole income tax act, there is no provision that says that any compensation or benefit is available if tax payer continuously pay the income tax.

But, if you have any mediclaim insurance policy of your husband, you can claim a deduction under section 80D.

Payal Chhajed
CA, Mumbai
5189 Answers
302 Consultations

Ma'am your query is not clear but as far as I understand you are asking if government provides any benefit to such person and I would say no such benefit is provided by government.

However you will have to file return on your husband's behalf as his legal heir and will have to pay the tax if any or can claim any refund.

If you need any assistance you can call me or mail me.

Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.

Thank you

Naman Maloo
CA, Jaipur
4303 Answers
101 Consultations

Hi Nilam 

We are sorry but there is no such compensation provided through the income tax department. Further, if your husband had any income in FY 2018-19 upto the date of his death, his legal heir is required to submit ITR on his behalf.

Lakshita Bhandari
CA, Mumbai
5687 Answers
942 Consultations

Lakshita is correct.

Vivek Kumar Arora
CA, Delhi
5012 Answers
1134 Consultations

Sorry Ma'am, there is nothing like benefit/compensation for regular tax payer.

 

Even, you will have to file his ITR for FY 2018-19 and pay taxes/claim refund if anything (in the capacity of legal heir).  

Karishma Chhajer
CA, Jodhpur
2452 Answers
29 Consultations

Your husband has been paying tax on the income he was earning.  There is nothing like paying compensation on death which is paid by government.  In case he was employed in Government sector then there could be pension / compensation.  This you need to check with the pupil he was working.  

No there are no benefit for being a regular tax payer.

Jasmina Jain Shah
CA, Greater Mumbai
458 Answers
4 Consultations

Hi

 

No such compensation is available in Income tax act.

 

 

Hope it helps

Swati Agrawal
CA, Mumbai
1146 Answers
7 Consultations

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