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

CA.Vinita Gupta

CA.Vinita Gupta (Expert)
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31 December 2013 Yes you can as Mothers own Brother Falls in the definition of Relative,

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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31 December 2013 Yes allowed as per expln to sec56(2).

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CA.Vinita Gupta

CA.Vinita Gupta (Expert)
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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).