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Gift from son's wife

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Querist : Anonymous (Querist)
08 June 2016 Whether a person can receive gift from son's wife. If yes what that person has to do.
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Ganeshbabu K

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Ganeshbabu K (Expert)
08 June 2016 get a gift deed for gift you received.and no tax applicable to receiver as donor is daughter in law falls in definition of relative.

gifts from relative exempt from tax 56(2)

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