Under the Income-tax Act, 2025, which of the following receipts of an individual in tax year 2026-27 is…

Section 92(3)(a) of the Income-tax Act, 2025 takes sums received from a relative outside the charge on gifts in section 92(2)(m), so "Rs. 2,00,000 received as a gift from a relative" is not taxable. A gift of Rs. 1,00,000 from a friend exceeds Rs. 50,000 and is taxable, since section 92(3)(b) covers only gifts on the occasion of the individual's marriage; lottery winnings are taxable under section 92(2)(b) and capital gains under section 67. This corresponds to section 56 of the repealed Income-tax Act, 1961.