https://www.taxtmi.com/forum/issue?id=106390 Long-term capital gain on sale of the residential house is taxable in the hands of the owner because the sale consideration was received during her lifetime; a subsequent death and testamentary nomination do not transfer the tax liability to beneficiaries. en-us Mon, 06 Jan 2014 16:36:03 +0530 Thu, 23 Jan 2025 15:57:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106390 Long-term capital gain on sale of the residential house is taxable in the hands of the owner because the sale consideration was received during her lifetime; a subsequent death and testamentary nomination do not transfer the tax liability to beneficiaries. Discussion-Forum Income Tax Mon, 06 Jan 2014 16:36:03 +0530 https://www.taxtmi.com/forum/issue?id=106390