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Relatives for the purpose of gift

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1 Points Posted on 03 March 2020
Does husband's sister falls under the ambit of relatives defination for the purpose of section 53(2) gift from relatives
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On 03 March 2020 at 19:29 Report
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254 Points Posted on 03 March 2020
If husband is an individual then his sister will come under the definition of relatives as per sec 53(2)...
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On 03 March 2020 at 20:41
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14 Points Posted on 03 March 2020
Yes as per section 53(2) if the husband is an individual then his sis will be regarded as realtive and Gift will be exempt in the hand of the husband
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On 03 March 2020 at 21:41
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12244 Points Posted on 04 March 2020
Is it 53(2) or 56(2)? as per 56(2) husband's sister fall under relatives definition
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On 04 March 2020 at 08:48
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14 Points Posted on 04 March 2020
Is it 56(2) (X) bro
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On 04 March 2020 at 08:53
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12244 Points Posted on 04 March 2020
Yes w. e. f 1/4/2017 it's 56(2)(x)
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On 04 March 2020 at 09:12
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17264 Points Posted on 04 March 2020
I think query is
husband's sister is relative of a wife of husband !!
Not husband and his sister as they are by default natural relatives.

Under 56(2)(x)
husband & sister >> relative
husband's sister & wife of husband >> Relative
(as per relative definition)
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On 04 March 2020 at 13:57


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