Treat Marriage Day Gifts as HUFs Income?

This discussion explores whether gifts received by a couple on their wedding day, which forms a Hindu Undivided Family (HUF), can be considered HUF income. While gifts from relatives and friends on the occasion of marriage are generally tax-exempt without limit, the thread clarifies specific conditions and definitions of 'relative' under Income Tax Rules. It also touches upon the tax implications if these gifted assets are later converted into HUF property.