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Gift from sister son

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(Querist)
29 November 2014 ...................................
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Amol S Joglekar

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Amol S Joglekar (Expert)
29 November 2014 Nephew is NOT covered in the definition of RELATIVE. It is unfortunate but that is how it is. (See the point is nephew can gift to his mother who in turn can gift to her brother and then every thing is within the definition of RELATIVE.)
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Rupesh Jain

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Rupesh Jain (Expert)
29 November 2014 it is taxable in your hand due to not cover in relative definition.

you can get the gift from your sister or sister husband.




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