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Introduction:

The author in this article has analyzed the provisions of the various Acts with regard to the definition of a relative. A comparative analysis has been done among the definitions provided under:

  • Companies Act, 2013
  • Income Tax Act, 1961
  • Accounting Standards
  • Goods & Service Tax
Who is your relative under different Acts

Analysis: Comparative chart of the definition of a relative under above mentioned acts is as under:

S. No.

Relative

Companies Act

Income Tax Act

Accounting Standard

GST

2(77)

2(41)

56(2)(vii)

AS -18

Ind AS -24

1

Husband/Wife/Spouse

Covered

Covered

Covered

Covered

Covered

Covered

2

Father

Covered

Covered (Lineal Ascendant)

Covered (Lineal Ascendant)

Covered

Not Covered

Covered (If dependent)

3

Step Father

Covered

Not Covered

Not Covered

Not Covered

Not Covered

Not Covered

4

Mother

Covered

Covered (Lineal Ascendant)

Covered (Lineal Ascendant)

Covered

Not Covered

Covered (If dependent)

5

Step Mother

Covered

Not Covered

Not Covered

Not Covered

Not Covered

Not Covered

6

Son

Covered

Covered (Lineal Descendant)

Covered (Lineal Descendant)

Covered

Not Covered

Covered

7

Step Son

Covered

Not Covered

Not Covered

Not Covered

Not Covered

Not Covered

8

Daughter

Covered

Covered (Lineal Descendant)

Covered (Lineal Descendant)

Covered

Not Covered

Covered

9

Step Daughter

Not Covered

Not Covered

Not Covered

Not Covered

Not Covered

Not Covered

10

Brother

Covered

Covered

Covered

Covered

Not Covered

Covered (If dependent)

11

Step Brother

Covered

Not Covered

Not Covered

Not Covered

Not Covered

Not Covered

12

Sister

Covered

Covered

Covered

Covered

Not Covered

Covered (If dependent)

13

Step Sister

Covered

Not Covered

Not Covered

Not Covered

Not Covered

Not Covered

14

Son's Wife

Covered

Not Covered

Not Covered

Not Covered

Not Covered

Not Covered

15

Daughter's Husband

Covered

Not Covered

Not Covered

Not Covered

Not Covered

Not Covered

16

Member of a HUF

Covered

Not Covered

Not Covered

Not Covered

Not Covered

Not Covered

17

Grandson

Not Covered

Covered (Lineal Descendant)

Covered (Lineal Descendant)

Not Covered

Not Covered

Not Covered

18

Grand Daughter

Not Covered

Covered (Lineal Descendant)

Covered (Lineal Descendant)

Not Covered

Not Covered

Not Covered

19

Grand Father

Not Covered

Covered (Lineal Ascendant)

Covered (Lineal Ascendant)

Not Covered

Not Covered

Not Covered

20

Grand Mother

Not Covered

Covered (Lineal Ascendant)

Covered (Lineal Ascendant)

Not Covered

Not Covered

Not Covered

21

Liner Ascendant/Descedant of Spouse (Including their Spouse)

Not Covered

Not Covered

Covered

Not Covered

Not Covered

Not Covered

22

Spouse's Brother/Sister

Not Covered

Not Covered

Covered

Not Covered

Not Covered

Not Covered

23

Spouse of Liner Ascendant

Not Covered

Not Covered

Covered

Not Covered

Not Covered

Not Covered

24

Spouse of Liner Descendant

Not Covered

Not Covered

Covered

Not Covered

Not Covered

Not Covered

25

Spouse of Spouse's Brother/Sister

Not Covered

Not Covered

Covered

Not Covered

Not Covered

Not Covered

26

Spouse of Brother/Sister of the Indivdual

Not Covered

Not Covered

Covered

Not Covered

Not Covered

Not Covered

27

Parents's Borther Sister

Not Covered

Not Covered

Covered

Not Covered

Not Covered

Not Covered

28

Spouse of parents's Borther Sister

Not Covered

Not Covered

Covered

Not Covered

Not Covered

Not Covered

29

Depndent of Individual/Spouse

Not Covered

Not Covered

Not Covered

Not Covered

Covered

Not Covered

 
 

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