PLZ PLZ HELP US ....Filing of return after death of assessee....

If The Party is Under The Exemption Limit.........

Then No Need to File Return..........

& Now Transfer The Prop. Owner in Another Name.

& Transfer All Assets & Lioabilities into Another Name.

so No CG Arise also.

May Be Goodwill.So No Problem....

thanx ayush....

vaise taxpayer ke case me cap. gain arise hota kya........

or jo money assessee ke saving a/c me LIC ka aaya h usko bhi trsf. kr de.......??? ya spouse ke naam trsf. karke a/c close karva de..... 

There will be no Capita Gain if the assets  (includes LIC, FD,PF, Bank a/c etc.) are transfered to the legal heir. Savings account have to be closed.