HIi
In Last financial year if One have received income as nomniee from insurance as death claim.
Do one need to file that income while filing income tax as it is exempted under section 10(10D)?
If yes , then under which section ?Other miscellaneous exempt Income?
Please advise
Thank You
Being Exempted income; no need to file IT return, subject to no other taxable income excluding any deductions, exceeding basic limit
Thank You for your reply
Yeah my mother have rental income. so I need to disclose this income right?
Yes. you are correct.
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