Gift received in cheque from mother and brother

I have received gift in bank transfer from my mother,spousr and brother . below are the queries:
1. Is it taxable in my hands?
2.Is gift deed required to be made for INcome tax purpose?
3.under which section it needs to be disclosed in my income tax returns?
4.Any stamp duty or other taxes need to be paid for this transaction.
Replies (4)
Quick Summary
This discussion explores the tax implications of receiving bank transfer gifts from family members in the UK. Key questions include whether these gifts are taxable, if a formal gift deed is required for income tax purposes, and under which section they should be disclosed in tax returns. The conversation also touches upon potential stamp duty or other taxes and clarifies that income generated from gifts received from a spouse is generally considered your own income.

Only thing you got to keep in mind is that ma'am, any earnings you make from Sum received from spouse shall be clubbed with his income.

Originally posted by : Sam
Only thing you got to keep in mind is that ma'am, any earnings you make from Sum received from spouse shall be clubbed with his income.

Why will that be?

It's a cash gift. Once you get it, it's yours. Whatever you earn from that is your income, not anyone else's.

Oops, sorry, I didn't see the word spouse above!

Sec 56(2)(b) gifts from relative.

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