TaxTMI 
TaxTMI 
Whether Daughter of Sister in law (Sali) comes under the definition of relative for Gifting purpose as per the Act ?
Very Urgent
Thanks & Regards
Gift to Daughter of Spouse's Sister - Very Urgent
08 Sep 2012 
2 Replies 
1638 Views Asked by
Guest 
Definition of relative: whether spouse's sister's daughter qualifies affects gift tax treatment under the statutory Explanation.
A practitioner advised that the daughter of a spouse's sister does not qualify as a relative under the Explanation to section 56(2)(v) for gift-tax purposes; the enquirer disputed this, invoking Hindu kinship terminology (mausa) and a secondary commentary suggesting such familial relations may be covered, resulting in an unresolved difference of interpretation. (AI Summary)
A practitioner advised that the daughter of a spouse's sister does not qualify as a relative under the Explanation to section 56(2)(v) for gift-tax purposes; the enquirer disputed this, invoking Hindu kinship terminology (mausa) and a secondary commentary suggesting such familial relations may be covered, resulting in an unresolved difference of interpretation. (AI Summary)