Answer ( 1 )

  1. ​Gifts received from relatives are not charged to tax. Relative for this purpose means:

    (a) Spouse of the individual;

    (b) Brother or sister of the individual;

    (c) Brother or sister of the spouse of the individual;

    (d) Brother or sister of either of the parents of the individual;

    (e) Any lineal ascendant or descendent of the individual;

    (f) Any lineal ascendant or descendent of the spouse of the individual;

    (g) Spouse of the persons referred to in (b) to (f).

    Friend is not a relative as defined in the above list and hence, gift received from friends will be charged to tax (if other criteria of taxing gift are satisfied).​

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