Gift from a relative (Indian income tax)

Under India's Income-tax Act, 2025 (in force from 1 April 2026), money received without anything in return is taxed as income once the year's total passes a fixed rupee threshold (section 92(2)(m), formerly section 56(2)(x) of the 1961 Act), but money from a relative is left out (section 92(3)(a)). A relative includes a spouse, siblings and any lineal ascendant or descendant (section 92(5)(g)), so parents receiving support from a child are outside the rule. As read on the Income Tax Department's site on 2 October 2026; check with a Chartered Accountant.