Taxability of Gift

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..... Taxability of Gift
Query (Issue) Started By: - Ashish Gupta Dated:- 19-12-2013 Last Reply Date:- 19-11-2015 Income Tax
Got 1 Reply
Income Tax
Please tell me the tax implication of gift re .....

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..... ceived from biological brother ( i.e. brother by birth ) The issue is, that one of my client who was adopted by her uncle now received a gift from his real brother i.e. brother by birth. Regards Re .....

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..... ply By MARIAPPAN GOVINDARAJAN: The Reply: In my opinion it is coming under the definition of 'relative' from whom the gift receivable is exempted from tax.
Discussion Forum - Knowledge Sh .....

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..... aring .....

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