Tax Talk Nepal › Forums › Discuss › Income Tax › Section 40 This topic has 0 replies, 1 voice, and was last updated 11 months ago by Aayush. Section 40 AayushMember April 21, 2020 at 5:15 am According to income tax act ,what is the treatment of a deceased person’s assets i.e land,building,car,shares ? Like 0 Viewing 1 post (of 1 total) You must be logged in to reply to this topic.