Can I File My Mother-in-Law on My Taxes?

Curious about Can I File My Mother-in-Law on My Taxes? Uncover expert perspectives here.

Spouse of the persons referred to in (2) to (6). In case of HUF gift received from any of the member of the HUF is exempt from Income Tax. Money and gifts received by an individual taxpayer on the occasion of his/her marriage is exempt from income tax.

How is gift received from mother not taxable?

So any gift received from mother is not taxable in the hands of daughter. Therefore it is not mandatory to show it as income. If you want to disclose it in ITR then show it as exempt income.

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Sophia Al-Mansoor

Sophia Al-Mansoor

Sophia analyzes international trade, startup ecosystems, retail transformation, and supply chain logistics for modern digital publications.

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