If amt received from deceased father bank account is it taxable or not

Receiving a sum of money from a deceased father's bank account as a nominee is generally not taxable in your hands. However, any interest earned on fixed deposits or savings accounts before the inheritance, or interest earned on the inherited amount in the future, will be taxable. You don't need to declare the inherited amount itself in your Income Tax Return (ITR), but it's crucial to keep proof of inheritance, such as a death certificate. If you encounter errors when filing your return, ensure all interest income from savings accounts and fixed deposits is accurately declared under 'Income from Other Sources'.