banner_ad

CG taxation on death of assessee

412 views 3 replies
Does one need to pay tax on Capital gains in the assessee passes away during the FY and after disposing of one's share holding investment causing a LTCG tax liability of
say Rs 45 k ....
(in case of Super senior citizen does the representative assessee has to discharge any such tax)

Gratefully obliged for a professional response..

thanks 🙏
Replies (3)

Yes, legal heir is required to file his return and discharge tax liability, if any.

Thanks
would be interested in tax saving if CG consideration be deposited by 31/3 to minimise tax burden under capital gains scheme.
is there any scope or tax or interest minimise before ITR filing

Yes, it can be invested by legal heir and tax can be saved.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details