LTCG taxable in whos hands in case of death of the assessee

693 views 3 replies

LTCG on sale of a residential house property will be taxable in whose hands in case of death of the assessee before filing the return, & the due date for filing U/s 139(1) has expired?

Replies (3)

 in both d cases...the legal heir.. to extend he has reced d property....

It shall be taxable in the hands of legal heirs of the assessee. If they have filed their return, then they can revise it.

Ms.Rashmi

It will be taxable in the hands of Legal heirs - no Will

Will - taxable in the hands of the person named in the Will...


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register