The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has held that a gift received by an individual from his brother-in-law qualifies as a transfer from a “relative” under Section 56(2)(vii) of the Income Tax Act, 1961, and is therefore not taxable as “income from other sources.” The Bench of George Mathan (Judicial Member) and…
Gift From Brother-in-Law is Exempted U/s 56 Of Income Tax Act: ITAT
Amit Sharma
Amit Sharma is the Content Editor at JurisHour. He has been writing about the Indian legal market. He has covered tax & company litigation stories from the Supreme Court, High Courts and Various Tribunals. Amit graduated from MLSU Law College with B.A.LL.B. and also holds an LL.M. from MLSU, Udaipur, Rajasthan. An Advocate in Taxation, and practised in Tribunals as well as Rajasthan High Court and pursued Masters in Constitutional Law. He started out small with little resources but a big plan to take tax legal education to the remotest locations across India and eventually to the world. His vision is to make tax related legal developments accessible to the masses.
Latest articles
Case Compilation
JURISHOUR | TAX LAW DAILY BULLETIN : 20 JULY, 2026
Here’s the Tax Law Daily Bulletin for July 20, 2026.GSTGHAZIABAD DGGI | MEERUT COURT...
Direct Tax
Allahabad High Court Judge Challenges CBDT’s Denial of Section 22D Tax Exemption Under New Tax Regime
A sitting judge of the Allahabad High Court, Justice Sandeep Jain, has approached the...
Direct Tax
Block Assessment Can’t Be Based on Post-Search Investigation: Delhi High Court Quashes Rs. 21 Crore Tax Addition
The Delhi High Court has quashed the Rs. 21 Crore Tax Addition and held...
Supreme Court
Insurer Liable for Nepal Accident Despite No Extra Premium: Supreme Court Says Valid Permit Extends Motor Insurance Coverage
The Supreme Court has held that an insurance company cannot deny liability for a...
More like this
Case Compilation
JURISHOUR | TAX LAW DAILY BULLETIN : 20 JULY, 2026
Here’s the Tax Law Daily Bulletin for July 20, 2026.GSTGHAZIABAD DGGI | MEERUT COURT...
Direct Tax
Allahabad High Court Judge Challenges CBDT’s Denial of Section 22D Tax Exemption Under New Tax Regime
A sitting judge of the Allahabad High Court, Justice Sandeep Jain, has approached the...
Direct Tax
Block Assessment Can’t Be Based on Post-Search Investigation: Delhi High Court Quashes Rs. 21 Crore Tax Addition
The Delhi High Court has quashed the Rs. 21 Crore Tax Addition and held...

