What is estate duty
Estate duty is the tax on the total market value of a person's assets as at the date of his or her death. Estate duty has been removed for deaths on and after 15 Feb 2008.
What is income tax of an estate
Income tax of an estate is the tax applicable on the income earned from the assets left behind by a deceased from after the date of death until the assets are sold or transferred. The executor, administrator, or trustee is liable to pay the income tax of an estate.