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Is the said person relative for income tax purposes?
A & B are brothers. A has a son C. B has a son D. A & B both have died. C wants to transfer shares to D. Is B a relative of D in this case?
Replies (4)
As per Your query...
Yes, Definitely. B is Relative of D.
Bcoz, D is son of B.
Yes, Definitely. B is Relative of D.
Bcoz, D is son of B.
These are irrelevant questions. only fir gift purpose it is ok
I wanted to ask whether C is relative of D?
Indirect
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