28 May 2010
1 Mr A and Mr B is real Brother(common parent) 2 Mr A has two sons and Mr B has two daughters. My query is: 1 Can Mr A gift to Daughter's Husband of Mr B 2 Can Mr A's Son gift to her Sister i.e. Daughter of Mr B 3 Can Mr A's Son gift to her sister;s husband, i.e. daughter husband of Mr B 4 Can Mother of Mr A and Mr B gift to Mr B's Daughter Husband.
28 May 2010
Please check link for a comprehensive analysis http://www.itatonline.org/articles_new/index.php/law-on-taxability-of-gifts-a-comprehensive-analysis/
28 May 2010
Coverage in case of married boy i.e. husband Coverage in case of married girl i.e. wife Coverage in case of unmarried boy and unmarried girl 1. Wife i.e. patni 1. Husband i.e. pati 1. NA 2. Brother i.e. bhai 2. Brother i.e. bhai 2. Brother i.e. bhai 3. Brother's wife i.e. bhabi 3. Brother's wife i.e. bhabi 3. Brother's wife i.e. bhabi 4. Sister i.e. bahan 4. Sister i.e. bahan 4. Sister i.e. bahan 5. Sister's husband i.e. jija 5. Sister's husband i.e. jija 5. Sister's husband i.e. jija 6. Wife's brother i.e. sala 6. Husband's brother i.e. daver or jeth 6. NA 7. Wife's brother's wife i.e. salaj 7. Husband's brother's wife i.e. daverani ot jethani 7. NA 8. Wife's sister i.e. Sali 8. Husband's sister i.e. nanand 8. NA 9. Wife's sister's husband i.e. sadhu 9. Husband's sister's husband i.e. nanandoi 9. NA 10. Mother's brother i.e. mama 10. Mother's brother i.e. mama 10. Mother's brother i.e. mama 11. Mother's brother's wife i.e. mami 11. Mother's brother's wife i.e. mami 11. Mother's brother's wife i.e. mami 12. Mother's sister i.e. mousi 12. Mother's sister i.e. mousi 12. Mother's sister i.e. mousi 13. Mother's sister's husband i.e. mousa 13. Mother's sister's husband i.e. mousa 13. Mother's sister's husband i.e. maousa 14. Father's brother i.e. chacha or tau 14. Father's brother i.e. chacha or tau 14. Father's brother i.e. chacha or tau 15. Father's brother's wife i.e. chachi or tai 15. Father's brother's wife i.e. chachi or tai 15. Father's brother's wife i.e. chachi or tai 16. Father's sister i.e. bua 16. Father's sister i.e. bua 16. Father's sister i.e. bua 17. Father's sister's husband i.e. fufa 17. Father's sister's husband i.e. fufa 17. Father's sister's husband i.e. fufa 18. Father i.e. papa 18. Father i.e. papa 18. Father i.e. papa 19. Mother i.e. maa 19. Mother i.e. maa 19. Mother i.e. maa 20. Grand father i.e. dadu 20. Grand father i.e. dadu 20. Grand father i.e. dadu 21. Grand mother i.e dadi 21. Grand mother i.e dadi 21. Grand mother i.e dadi 22. Great grand father i.e. par dada 22. Great grand father i.e. par dada 22. Great grand father i.e. par dada 23. Great grand mother i.e. par dadi 23. Great grand mother i.e. par dadi 23. Great grand mother i.e. par dadi 24. Son i.e. beta 24. Son i.e. beta 24. NA 25. Son's wife i.e. bahu 25. Son's wifer i.e. bahu 25. NA 26. Daughter i.e. beti 26. Daughter i.e. beti 26. NA 27. Daughter's husband i.e. jawai 27. Daughter's husband i.e. jawai 27. NA 28. Grand son i.e. pota 28. Grand son i.e. pota 28. NA 29. Grand son's wife i.e. pot bahu 29. Grand son's wife i.e. pot bahu 29. NA 30. Grand daughter i.e. poti 30. Grand daughter i.e. poti 30. NA 31. Grand daughter's husband i.e. jawai 31. Grand daughter's husband i.e. jawai 31. NA 32. Wife's Father i.e. sasur 32. Husband's Father i.e. sasur 32. NA 33. Wife's Mother i.e. sas 33. Husband's Mother i.e. sas 33. NA 34. Wife's Grand father i.e. dadsra 34. Husband's Grand father i.e. dadsra 34. NA 35. Wife's Grand mother i.e dadas 35. Husband's Grand mother i.e dadas 35. NA 36. Wife's Great grand father i.e. bada dadsra 36. Husband's Great grand father i.e. bada dadsra 36. NA 37. Wife's Great grand mother i.e. badi dadas 37. Husband's Great grand mother i.e. badi dadas 37. NA