Pan in the name of executer
RAJEEV VARMA
(Querist) 14 April 2015
This query is : Resolved
Clarification needed in respect of allotment of PAN in the name of executor of a registered WILL. Fact of the case:-
Mr. A executed a registered WILL giving all his assets to his four childrens.
In the registered WILL. He made Executor of the WILL to his brother till the date childrens attend majority as at the time of death as well as till date all the four childrens are minor.
And also the income arising out of the deceased estate and the tax is to be paid by the executor till the date younger son attains majority. In the system we are unable to file any provision for allotment of PAN in the name of executor or (Representative Assesses) Please clarify us.
Thanks & Regards
Vineet
(Expert) 05 May 2015
For me the solution is, file the return in name of Estate of Mr A with his PAN only. In the return form Mr B can mention himself as representative assesse for the estate as executor of will. There is no provision for Mr B to obtain a second PAN in his name in capacity of representative assesse.
