Income tax query

Alok Kumar Agrawal (Chartered Accountant) (31 Points)

21 January 2008  
Does a cash gift received by a HUF from a relative of karta (but not the member of HUF) cover under sec. 56? As per my opinion exemption in receiving gift from relatives as defined in sec. 56 is only for Individuals and not for HUF because wordings of defination of relatives in sec. 56 expressely related with indiviual like "spouse of Individual" or "brother or sister of individual" and like that. Please clear the matter.