Taxability of Gift

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....axability of Gift<br> Query (Issue) Started By: - Ashish Gupta Dated:- 19-12-2013 Last Reply Date:- 19-11-2015 Income Tax<br>Got 1 Reply<br>Income Tax<br>Please tell me the tax implication of gift rec....

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....eived from biological brother ( i.e. brother by birth ) The issue is, that one of my client who was adopted by her uncle now received a gift from his real brother i.e. brother by birth. Regards Rep....

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....ly By MARIAPPAN GOVINDARAJAN: The Reply: In my opinion it is coming under the definition of &#39;relative&#39; from whom the gift receivable is exempted from tax.<br> Discussion Forum - Knowledge Sha....

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....ring ....