Ask Jurishour AI

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
tdb_templates
saswp_reviews
saswp-collections
saswp_rvs_location
tdc-review-email
web-story-font
web-story
googlesitekit_email
tds_locker
tds_email
saswp
mailpoet_page
mailpoet_email
tdcpt_tunes
tdc-review
pronamic_payment
pronamic_gateway
pronamic_pay_subscr
wpcode
HomeDirect TaxGift From Brother-in-Law is Exempted U/s 56 Of Income Tax Act: ITAT

Gift From Brother-in-Law is Exempted U/s 56 Of Income Tax Act: ITAT

Direct Tax

Published on

By Amit Sharma
Gift From Brother-in-Law is Exempted U/s 56 Of Income Tax Act: ITAT

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

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…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Amit Sharma
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

Direct Tax

Management, Technical Services Rendered From China Not Taxable as FTS Under India-China DTAA: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that payments...
GST

CGST Corruption Case: Allahabad HC Grants Bail to Advocate After 9 Months in Custody

The Allahabad High Court, Lucknow Bench, has granted bail to 70-year-old advocate Naresh Kumar...
Notification

CBDT Removes Arrest Provision for Tax Recovery

The Central Board of Direct Taxes (CBDT) has amended the Income-tax Rules, 2026, bringing...
Notification

CBDT Revises Valuer and Income-tax Practitioner Forms, Extends Key Deadlines

The Central Board of Direct Taxes (CBDT) has notified the Income-tax (Fourth Amendment) Rules,...

More like this

Direct Tax

Management, Technical Services Rendered From China Not Taxable as FTS Under India-China DTAA: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that payments...
GST

CGST Corruption Case: Allahabad HC Grants Bail to Advocate After 9 Months in Custody

The Allahabad High Court, Lucknow Bench, has granted bail to 70-year-old advocate Naresh Kumar...
Notification

CBDT Removes Arrest Provision for Tax Recovery

The Central Board of Direct Taxes (CBDT) has amended the Income-tax Rules, 2026, bringing...