Gift Declaration - Gift Received from Half Brother (i.e step brother)

[PRIYAM KHAMBHATA]

Respected Sir

Receipient received an amounting to Rs.1100000 from Half Brother.  Is this Gift covered under the defination of Relative under section 56.  Would you please share draft of Gift Decleration for amount received from Half broher, as Gift

Please guide me

 

 

[TANAY GHILDIYAL]

Refer my answered query on the defination of Relative. 

AI Summary

Definition of Relative: whether a gift from a half brother falls within tax law and request for gift declaration. Whether a gratuitous receipt from a half brother qualifies as a relative for income tax treatment of gifts and whether executing a gift declaration will support treating the amount as a non taxable gift under the relevant provisions.