Gift from maternal uncle
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 December 2013
Can I get the Gift from Maternal Uncle ( Mother's own brother ) for the A.Y. 2014-15. for Rs. 2 lk it is taxable or not
31 December 2013
Yes you can as Mothers own Brother Falls in the definition of Relative,
31 December 2013
Yes allowed as per expln to sec56(2).
31 December 2013
For the purpose of this, ‘relative’ means : ‐
(a) spouse of the Individual;
(b) brother or sister of the individual;
(c) brother or sister of the spouse of the individual;
(d) brother or sister of the either of the parents of the individual;
(e) any lineal ascendant or descendant of the individual;
(f) any lineal ascendant or descendant of the spouse of the individual;
(g) spouse of the person referred to in clause (ii) to (vi).
(a) spouse of the Individual;
(b) brother or sister of the individual;
(c) brother or sister of the spouse of the individual;
(d) brother or sister of the either of the parents of the individual;
(e) any lineal ascendant or descendant of the individual;
(f) any lineal ascendant or descendant of the spouse of the individual;
(g) spouse of the person referred to in clause (ii) to (vi).
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