Relative as per Income Tax Act.

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This discussion clarifies whether a son-in-law is considered a 'relative' under the UK Income Tax Act for receiving gifts. The consensus is that parents-in-law are indeed relatives as defined by the Act. Therefore, gifts received by a son-in-law from his parents-in-law are exempt from income tax, regardless of whether they are in cash or kind.

Prasad Rao

Prasad Rao (Querist)

16 April 2020 Son in law is receiving gift from his in laws after marriage.
Whether son-in-law is considered as an relative in Income Tax Act?
Is such gift taxable in hands of son in law?

RAJA P M

RAJA P M (Expert)

17 April 2020 Query is not complete with a word missing!

CA Suresh Jain

CA Suresh Jain (Expert)

17 April 2020 Son-in-law receiving the gift is covered under the definition of relative and gift received by him is exempted

swasti

swasti (Expert)

17 April 2020 Agree with Suresh Jain Sir's view

RAJA P M

RAJA P M (Expert)

17 April 2020 @ Experts., Here who is give gift to Son-in-law...?

swasti

swasti (Expert)

17 April 2020 Son in law is receiving gift. i.e. either mother in law or father in law might be giving. And as such mother in law / Father in law are relatives as per the definition provided in Income tax Act. And as such gift wont be taxable.

RAJA P M

RAJA P M (Expert)

17 April 2020 Yes... Yes... I can't understand correctly in the words... Thank You for the clarification...

Vikas Tapariya

Vikas Tapariya (Expert)

19 April 2020 a gift received from relative any time during the year whether in cash or kind is exempt from tax under income tax act 1961. son in law falls in definition of relative so this kind of gift not attract any kind of income tax.

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