Gift from father to daughter

Since married daughter is not "relative" of individual (senior citizen),as per Explanation of Section 56 (2)(vii).

Gifted income would be chargeable to tax in the hands of married daughter.

Thanx. For the reply. One of my friend suggested to make a gift deed, then there will be no tax liablity for the daughter. Is it correct?

No, asessee would not be exempted merly on the basis of execution of gift deed.

Dear Sir 

In I.T. act  reletive means as under :-

Father (Papa or Pitaji)

Mother (Maa or Mummy)

Brother (Bhai)

Sister (Bahin)

Son (Beta or Putra)

Daughter (Beti or Putri)

Grand Son (Pota or Potra)

Grand Daughter (Poti or Potri)

Husband (Pati) Wife (Patni)

Sister’s Husband (Jija)

Brother’s Wife (Bhabhi)

Wife’s Brother (Sala)

Wife’s Sister (Sali)

Husband’s Brother (Dewar)

Husband’s Sister (Nanad)

Mother’s Brother (Mama)

Mother’s Sister (Mausi)

Mother’s Sister Husband (Mausa)

Wife’s brother’s wife (Sala Heli)

Father’s Brother (Chacha or Tau)

Father’s Brother’s Wife (Chachi or Tai)

Father’s Sister’s Husband(Fufa)

Father’s Sister (Bua) Grand Father (Dada, Pardada)

 Grand Mother (Dadi, Pardadi)

Daughter’s Husband (Jawai)

Son’s Wife (Bahu or Putra Vadhu)

Spouse Father (Sasur)

Spouse Mother (Sas)

Spouse Grand Father (Dada Sasur)

Spouse Grand Mother (DadiSas)

Brother’s Wife (Bhabhi)

Mother’s Brother’s Wife (Mami)

Husband’s Brother’s Wife (Devrani or Jithani)

so that it is exempt

Agree with Mukesh Saini.......

Dear sir,

Nowhere in IT Act is written clearly, that MARRIED DAUGHTER is relative.

After a great analysis I found a judgement in this regard, namely

Manibhai Gaur Vs. Controller of ED (1980)

Now, I can say that Married Daughter does not cease to be 'Daughter' of her Father.

Hence, Married Daughter is 'relative' for the purpose of gifted income.

Since Married Daughter is 'relative' gifted income recieved from her father would be Exempt in her hands and not be taxable.

Gift Deed is required, in case of relative, for the exemption of Gifted Income.