Clarification of definition of relative
This query is : Resolved
27 June 2014
Hi,
I want to clarify if my assessee could take an advantage as a relative as per the IT Act,1961.
here is the relationship:
Ramesh and suresh are two real brothers. ravi and raju are Ramesh's son. Raju has been legally adopted as Suresh's son.
Now could ravi and raju be considered as relatives as per IT Act,1961 and take an advantage of giving tax-free gifts.
I want to clarify if my assessee could take an advantage as a relative as per the IT Act,1961.
here is the relationship:
Ramesh and suresh are two real brothers. ravi and raju are Ramesh's son. Raju has been legally adopted as Suresh's son.
Now could ravi and raju be considered as relatives as per IT Act,1961 and take an advantage of giving tax-free gifts.
28 June 2014
ravi and raju are brothers regardless of the fact that Raju was adopted by Suresh!
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