Relative Under Gift Tax Act

The Explanation to Section 56(2)(vi) provides that the expression "relative" means:

1. Spouse of the individual;

2. Brother or sister of the individual;

3. Brother or sister of the spouse of the individual;

4. Brother or sister of either of the parents of the individual;

5. Any lineal ascendant or descendant of the individual;

6. Any lineal ascendant or descendant of the spouse of the individual; and

7. Spouse of the person referred to in clauses (2) to (6).

As per Companies Act Section 6 read with Schedule 1A:

1. Father

2. Mother ( Incl. Step Mother )

3. Son ( Incl. Step Son )

4. Son's Wife

5. Daughter ( Incl. Step Daughter )

6. Father's Father

7. Mother's Mother

8. Mother's Father

9. Son's Son

10. Son's - Son's wife ( Grand Daughter in Law )

11. Son's Daughter

12. Son's Daughter Husband

13. Daughter's Husband

14. Daughter's Son

15. Daughter's Son's Wife

16. Daughter's Daughter

17. Father's Mother

18. Daughter's - Daughter Husband

19. Brother ( Incl. Step Brother )

20. Brother's Wife

21. Sister ( Incl. Step Sister )

22. Sister's Husband