Son of my Mother's sister is relative for purpose of gift or not and gift amount received from that person is exempted or not , please clarify the legal position .
A perusal of the term ‘relative’ used in the section clearly shows that mother’s sister’s son does not fall within the definition of relative. Therefore, the amount received by the assessee from mother’s sister’s son does not qualify for the benefit. Hence taxable
1) Son of mother's sister is not included in the definition of relative and hence taxable. But mother's sister is a relative.
2) However, gifts received on occasion of marriage of an individual, from anybody is not taxable.
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