Gift tax
This query is : Open
23 March 2014
What is the meaning of lineral asendent and lineral descendent in gift tax ??
Nikhil Kaushik
(Expert)
23 March 2014
the son, daugther, grand sons/daughters and so on etc are the lineal descendants..
father/mother, grand parents and so on are lineal ascendants..
father/mother, grand parents and so on are lineal ascendants..
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29 October 2014
Assesse n spouse ke lineal descendants to same he hoge na ?
Nikhil Kaushik
(Expert)
29 October 2014
yes...i hope so...unless they take divorce and have kids with someone else!
29 October 2014
Cousin brother n sister is also includes in the meaning of relative ?
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