Mr. A, (senior citizen), who has taken loan of Rs.10,00,000/- in FY 2021-22, with 8% rate of interest per annum in FY 2021-22 from Mr. B. Subsequently, Mr. A has been made Gift to his grand son, out of the such borrowed funds in FY 2021-22. Mr. A, passed away in FY 2023-24 and Rs.10,00,000/- is still outstanding. There is no sufficient funds available with borrower, to pay such outstanding unsecured loan to the lender. What would be tax implication, after death of borrower in respect of such outstanding loan liability in the hand of borrower, vis-à-vis in the hand of loan lender. Please guide me.