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Gift to brother's wife

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05 July 2016 Is the gift given to brother's wife free from income tax?
Does she come under the definition of "relative"?

05 July 2016 yes its exempt for receipient. & for you

14 July 2016 What would be taxability of the income arising out of it?(gift to relative that is exempted?


15 July 2016 income will taxable in hand of donor.



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