QUERY ABOUT THE TERM RELATIVE
Krishanu Chowdhury (153 Points)
29 April 2017
IS MATERNAL UNCLE COMES UNDER THE TERM "RELATIVE" ACCORDING TO INCOME TAX?
Krishanu Chowdhury (153 Points)
29 April 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 29 April 2017
Relatives u/s 56(2)(vii) from whom Gift is permissible under Income Tax Act, 1961:
(iv) brother or sister of either of the parents of the individual;
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