Tax issues / filing returns for Gift received (Ten lakhs)

No requirement of filing ITR.

No filing required as amount is in nature of gift and It is completely exempted

Technically you are not mandated to file itr.
but i would nevertheless recommend you to file your itr

1) to be on the safer side....prepair a gift deed.
2) Int on 10 lakhs when trf to daughter, & if exceeds taxable limit income on int will be taxable ( subject to incometax rules for taxable income limit) to daughter.
3) when mother trf. to siblings. better to prepair gift deed again.
( gift deed to be prepared to prove it is not loan or advance) .
4) fd when trf to siblings. int accrued on such fd will be taxed in hands of siblings ( subject to Inc tax act on taxable inc limit)

thanking the kindness of all those replied. 

Admin kindly close the thread.

Agree with Mahesh Shah on making gift deed on safer side.

& Welcome

@ Rashmi ji......thx for your opinion

Welcome Dear

Filing of returns is obligatory that depends on many factors but maturity of fixed deposit. Only accretion to the deposit is being taken care off.