Gift to my brother in law

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It
30 Points Posted on 30 March 2023

I like to know whether my mother can give amount to my brother in law as gift. He is living in canada and he want some money for his house buying and I don't have money to pay but my mother have some money to pay. 

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On 30 March 2023 at 15:26 Report
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This discussion explores whether a mother can gift a sum of money to her son-in-law, who resides in Canada and requires funds for a house purchase. The advice provided references Section 56(2)(x) of relevant tax laws, indicating that such a gift is permissible. It clarifies that while not a blood relation, a brother-in-law falls under a category where gifts can be made, subject to specific regulations.

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43 Points Posted on 31 March 2023
Yes, she can do with reference to section 56(2) (x)
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On 31 March 2023 at 12:24
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Profession
28271 Points Posted on 01 April 2023
No not blood relation
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On 01 April 2023 at 13:00
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CA
10436 Points Posted on 01 April 2023
Not a relative
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On 01 April 2023 at 23:54

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