Relative for the purpose of exemption taxability of gift u/s 56 includes
A. Spouse of the individual
B. Brother/sister of the individual
C. Brother or sister of the spouse of individual
D. All of the above
Answer:D
Relative for the purpose of exemption taxability of gift u/s 56 includes
A. Spouse of the individual B. Brother/sister of the individual C. Brother or sister of the spouse of individual D. All of the above