Gift of immovable property !!!

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This discussion clarifies whether a wife can gift immovable property to her sister's son under Indian Income Tax laws. It confirms that a wife and her sister's son are not considered relatives for Income Tax purposes. However, gifting property to one's own sister is permissible under the Income Tax Act.

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(Querist)
25 February 2021 Please advise me weather my wife gift immovable property to my sisters son? Weather my wife comes under the list of relatives as per Income Tax? Please advise valuable feedback in this regard.
Thanks in advance.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
26 February 2021 Your wife and your sister's son are not relative under income tax.
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MANJUNATHA M.R

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MANJUNATHA M.R (Querist)
26 February 2021 In such case She can gift the Property to my sister is it OK under Income Tax Act.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
26 February 2021 Yes, it's okay in such a case
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