Taxability of Gift

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..... Please tell me the tax implication of gift received 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 h .....

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..... is real brother i.e. brother by birth. Regards - Reply By MARIAPPAN GOVINDARAJAN - The Reply = In my opinion it is coming under the definition of 'relative' from whom the gift receivab .....

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..... le is exempted from tax. - Taxability of Gift - Query Started By: - Ashish Gupta Dated:- 19-12-2013 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an ex .....

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..... pert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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