https://www.taxtmi.com/forum/issue?id=5279 Gifts received from specified relatives are excluded from other income under the proviso to Section 56(vi). The statutory definition of "relative"-including spouse, siblings, siblings of the spouse, siblings of either parent, lineal ascendants and descendants of the individual or the spouse, and spouses of those persons-determines whether a transfer qualifies as a non taxable gift. en-us Wed, 06 Feb 2013 13:49:37 +0530 Thu, 23 Jan 2025 15:57:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5279 Gifts received from specified relatives are excluded from other income under the proviso to Section 56(vi). The statutory definition of "relative"-including spouse, siblings, siblings of the spouse, siblings of either parent, lineal ascendants and descendants of the individual or the spouse, and spouses of those persons-determines whether a transfer qualifies as a non taxable gift. Discussion-Forum Income Tax Wed, 06 Feb 2013 13:49:37 +0530 https://www.taxtmi.com/forum/issue?id=5279