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Exemption of gift from income tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 January 2015 Is cash gift receved from by a person from her deceased / dead spouse's parents exempt from income tax ?
Can she accept gift from them meant for her children into her bank account? gift deed in name of children but cheque in name of mother.Will this also be exempt income of minor?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
27 January 2015 All such gifts are exempt from tax. Income earned from such gifts in the name of minor children will be clubbed with mother's income.
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Rupesh Jain

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Rupesh Jain (Expert)
27 January 2015 yes it is relative and gift is exempt in hand of recipient.
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