ITR FLIING ON DEATH HUSBUND
This query is : Resolved
24 July 2024
HUSBUND WHO WAS WORKING IN PVT COMPANY DIED IN JUNE 23 TILL THAT HE RECEIVED SALARY IN HIS AC. AFTER HIS DEATH HIS WIFE RECEIVED GRATUITY/LEAVE ENCASHMENT, EX-GRATIA ON DEATH IN HER BANK AC. COMPANY WAS TAKEN TERM INSURANCE PLAN FOR WHICH 1 CRORE RUPPEES WAS DEATH CLAIM RECEIVED BUT THAT WAS NOT RECEIVED IN BANK AC OF WIFE BUT INSTEAD COMPANY HAS MADE INVESTMENTS IN HER NAME DIRECTLY IN EQUITY SHARES AND MF. GRATUITY, LEAVE ENCASHMENT AND EX-GRATIA WHICH IS RECEIVED IN WIFE BANK IS NEED TO BE SHOWN IN HUSBUND ITR AS INCOME OR IN WIFE ITR? IS TERM INSURANCE CLAIM IS EXEMPT U/S 10 (10) D.
25 July 2024
1. Wife's Acc.
2. Yes
2. Yes
25 July 2024
WIFE OWN PERSONAL ITR OR
ITR FILLING BY HER AS REPRESENTATIVE ASSESEE
ITR FILLING BY HER AS REPRESENTATIVE ASSESEE
25 July 2024
Her own
26 July 2024
EX-GRATIA RECEIVED BY WIFE ON DEATH OF HUSBUND. UNDER WHICH SECTION IT SHALL BE EXEMPT?
26 July 2024
Depends upon the nature of ex-gratia. Check the document first.
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