Deceased father

[NARASIMHAMURTHY JR]

My father passed away recently. My mother will receive sb account proceeds and family pension. She is also joint holder of a house property owned by my father which she intends to sell.

How to file income tax returns of my father. My doubts as below

1. How to show the income received by way of amount received from my father's sb account in the returns of my mother

2 how to show the family pension amount received by my mother in the returns

3 how to show the proceeds from sale of property in the returns of my mother

Thanks in advance

AI Summary

Inheritance and family pension taxation: register as legal heir; pension taxed with deduction; property sale attracts capital gains rules.
Register as legal heir to report the deceased's income to date of death and to access inherited bank funds, which are treated as non taxable inheritance proceeds when received. Family pension of the surviving spouse is taxable under Income from Other Sources with an allowable deduction. Sale proceeds of the jointly held house must be reported as Capital Gains; the holding period determines short or long term treatment, long term gains qualify for indexation and may be eligible for reinvestment exemptions.