https://www.taxtmi.com/forum/issue?id=119613 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. en-us Mon, 17 Feb 2025 16:46:49 +0530 Tue, 18 Feb 2025 15:24:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119613 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. Discussion-Forum Income Tax Mon, 17 Feb 2025 16:46:49 +0530 https://www.taxtmi.com/forum/issue?id=119613