LTCG capital gains taxable in whose hands in case of death of the assessee before filing of return U/s 139(1) & the due date for filing has expired? Who shuld file the Return of Income? Is it taxable?
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LTCG taxable in whos hands in case of death of the assessee
Replies (2)
It is taxble in the hands of legal heirs.
Ms.Rashmi
It will taxable in the hands of legal heirs, if there is no Will...
If there is a Will, it will be taxable in the hands of the person named in the Will.....
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