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Question ID : 44902

Capital Gain - Tax in hands of legal Heir

Hi, An Assessee has deposited the amount received from sale of capital asset in CGAS with SBI. He has died before the lock in period and he has not invested in any property. Now, the asset has been transferred to the legal heir. Whether withdrawal of deposit attract tax impact in the hands of legal heir?

Posted by SRIPRIYA PRAKASAM on Aug 01, 2025

Filed Under DIRECT TAXES