Definition of Relative
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 January 2011
The definition of Relative as per Income tax Act,1961:-
Explanation. — For the purposes of this clause, “relative” means—
(i) spouse of the individual;
(ii) Brother or sister of the individual;
(iii) Brother or sister of the spouse of the individual;
(iv) Brother or sister of either of the parents of the individual;
(v) Any lineal ascendant or descendant of the individual;
(vi) Any lineal ascendant or descendant of the spouse of the individual;
(vii) Spouse of the person referred to in clauses (ii) to (vi);]
"In our case, DEVRANI is an individual"
Considering point (iii), she can give gift to her ‘”JETH” i.e. “Brother of spouse” and
Considering point (vii) & (iii) together, she can give gift to her “Jethani” i.e. “Spouse of the person referred to in point (iii)
So considering the above scenario,
Can Jethani give gift to Devrani & vice versa in order to claim exemtion?
Explanation. — For the purposes of this clause, “relative” means—
(i) spouse of the individual;
(ii) Brother or sister of the individual;
(iii) Brother or sister of the spouse of the individual;
(iv) Brother or sister of either of the parents of the individual;
(v) Any lineal ascendant or descendant of the individual;
(vi) Any lineal ascendant or descendant of the spouse of the individual;
(vii) Spouse of the person referred to in clauses (ii) to (vi);]
"In our case, DEVRANI is an individual"
Considering point (iii), she can give gift to her ‘”JETH” i.e. “Brother of spouse” and
Considering point (vii) & (iii) together, she can give gift to her “Jethani” i.e. “Spouse of the person referred to in point (iii)
So considering the above scenario,
Can Jethani give gift to Devrani & vice versa in order to claim exemtion?
22 January 2011
As per definition of relative , jethani and devrani are relative.
Guest
Guest
(Expert)
22 January 2011
I agree with Mr. Bhagat if this query presumed to be related to Incometax Act,1961 where as you mentioned," Income tax Act,1932"
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