Gift from daughter in law to father in law

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bhushan gupta (Querist)
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08 December 2016 PLEASE SUGGEST WHETHER IMMOVABLE PROPERTY CAN BE TRANSFERRED THROUGH GIFT FROM DAUGHTER IN LAW(BAHOO) TO FATHER IN LAW(SASUR).

CA Suresh Jain (Expert)
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08 December 2016 Yes, it can be gifted by daughter in law to her father in law. No Gift Tax shall be attracted.

KAVIRAJA ADDANGADI (Expert)
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08 December 2016 Yes. It comes under the definition of relative

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