TaxTMI 
TaxTMI 
i have given a gift of Rs 100000 to me elder brothers wife. whether the same is taxable or not. kindly advise
Gift to brother's spouse
23 Jul 2011 
3 Replies 
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Definition of relative under Section 56: spouse of a brother qualifies, affecting taxability of gifts.
Whether a gift to a brother's wife is taxable depends on interpretation of the statutory definition of "relative" for gift taxation. If the spouse of a listed relative is encompassed by the explanatory language, the gift is excluded from taxable income; disagreement exists among commentators about that interpretive point. (AI Summary)
Whether a gift to a brother's wife is taxable depends on interpretation of the statutory definition of "relative" for gift taxation. If the spouse of a listed relative is encompassed by the explanatory language, the gift is excluded from taxable income; disagreement exists among commentators about that interpretive point. (AI Summary)