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Posted by shalini
my brother have a job in private organization and file ITR1 every year.
last year our parents get expire.
He get money by cheque which was deposit in name of our parents no nomination was made (post office and Bank) being a legal heir ,with my consent(letter of relinquishment).
My question is whether this amount is taxable in income tax/have to show in ITR 1? if yes how in which section .
Updated on : 23/07/2018 03:36:06