Gift transaction allowed in it act

Kollipara Sundaraiah (B.com) (2963 Points)

25 December 2021  
a it person gift transaction mentioned below in f.y.20-21.
cash gift from sister rs:10 lacs through on online mode
cash gift to daughter rs:10 lacs through on online mode
question:
assessess gift transaction receipt and payment one financial year accepted in it act.