Answer

1. F

   Facts

   Gifts from relatives as defined in the law are not taxable in your hands. Gifts from non-relatives above ₹50,000 in a year are taxable. Your reply should show the relationship and the giver's source.

2. P

   Provisions and law

   • Sec 133(6) (now Sec 252(1)(a))The officer can call for information useful for or relevant to any enquiry or proceeding
   • Sec 56(2)(x) (now Sec 92(2)(m))Money or property received without consideration above ₹50,000 is taxable, except gifts from relatives and on specified occasions
3. A

   Analysis

   Under Sec 56(2)(x) (now Sec 92(2)(m)), money from a father, brother, spouse and other listed relatives is exempt. Show the transfers through banking channels, a simple gift letter signed by each giver, and their bank statement or income proof so the officer sees the money was theirs. A ₹6 lakh gift from a friend would instead be taxable as income from other sources. Keep the explanation consistent with the relatives' own returns.

4. C

   Conclusion

   1. 1Get gift letters from your father and brother.
   2. 2Collect their bank statements for the transfer dates.
   3. 3Show the credits in your bank statement.
   4. 4Reply stating the relationship and that the gift is exempt.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.