Kya Saas apne Damaad ko gift de sakti hai? Will this attract clubbing provisions - if any income arise from the gift made by a woman to her son-in-law? Please advise.
6 Replies
NAVIN AGICHA
(HELPING HAND)
(1313 Points)
Replied 10 May 2015
Read definition of relative in income tax.
NAVIN AGICHA
(HELPING HAND)
(1313 Points)
Replied 10 May 2015
(i) spouse of the individual; (ii) brother or sister of the individual; (iii) brother or sister of the spouse of the individual; (iv) brother or sister of either of the parents of the individual; (v) any lineal ascendant or descendant of the individual; (vi) any lineal ascendant or descendant of the spouse of the individual; (vii) spouse of the person referred to in clauses (ii) to (vi);]
Nikhil Kaushik
(Fellow CA)
(85743 Points)
Replied 11 May 2015
in short you can give the gift to son in law without attracting any tax
Naina
(CA Student)
(477 Points)
Replied 11 May 2015
So the gift from a woman to her son-in-law won't attract clubbing provisions, unlike gift to daughter-in-law.
Vishal Goel
(Chartered Accountant)
(1688 Points)
Replied 12 May 2015
Gift received from relatives are exempted Below is a comprehensive list of Donors as per definition of relative under I.Tax Act ( Hindi connoection has also been mentioned)
| List of Male Donors | List of Female Donors |
| Father (Papa or Pitaji) | Mother (Maa or Mummy) |
| Brother (Bhai) | Sister (Bahin) |
| Son (Beta or Putra) | Daughter (Beti or Putri) |
| Grand Son (Pota or Potra) | Grand Daughter (Poti or Potri) |
| Husband (Pati) | Wife (Patni) |
| Sister’s Husband (Jija) | Brother’s Wife (Bhabhi) |
| Wife’s Brother (Sala) | Wife’s Sister (Sali) |
| Husband’s Brother (Dewar) | Husband’s Sister (Nanad) |
| Mother’s Brother (Mama) | Mother’s Sister (Mausi) |
| Mother’s Sister Husband (Mausa) | Wife’s brother’s wife (Sala Heli) |
| Father’s Brother (Chacha or Tau) | Father’s Brother’s Wife (Chachi or Tai) |
| Father’s Sister’s Husband(Fufa) | Father’s Sister (Bua) |
| Grand Father (Dada, Pardada) | Grand Mother (Dadi, Pardadi) |
| Daughter’s Husband (Jawai) | Son’s Wife (Bahu or Putra Vadhu) |
| Spouse Father (Sasur) | Spouse Mother (Sas) |
| Spouse Grand Father (Dada Sasur) | Spouse Grand Mother (DadiSas) |
| Brother’s Wife (Bhabhi) | Mother’s Brother’s Wife (Mami) Husband’s Brother’s Wife (Devrani or Jithani) |
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