Meaning of relative

can u tell me whether mother's sister(mausi) is covered under the definition of relative under section 56(2),whether mausi can gift to his sister son i.e. bhaanja,is it exempt under section 56 thanks in advance

Yes, Mother's sister is included in definition of relative and therefore gift received from her is not taxable

Mahesh garg is right... Mother's sister fall in defination of relative under IT Act

yes, mother's sister is a relative under the Act