TMI BlogLineal ascendant of spouseX X X X Extracts X X X X X X X X Extracts X X X X ..... Hi, Could you confirm please that my maternal Grandfather (Nanaji) come under Lineal ascendant of spouse category as per Income Tax rules. because he gifted one shop to my wife. Waiting for reply......... Regards - Reply By MARIAPPAN GOVINDARAJAN - The Reply = In my view it will be covered. - Reply By Ram Krishna Gupta - The Reply = Hello Sir, Thanks for your reply. We received notice fe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... w days before from IT department that they don't consider my maternal grandfather and my wife in Lineal Ascendant of spouse category. They are asking for law number/Income Tax rule no. for the same. Could you please help me to know the law no/ Income Tax rule no. for the same or any other source from where I can get this information. Looking forward for your help. Thanks - Reply By Ram Kri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shna Gupta - The Reply = Dear Sir, Kindly advise that in which law number/Income Tax rule no. my maternal Grandfather (Nanaji) come under Lineal ascendant of spouse category because I have to answer the notice of IT dept. Regards - Reply By Ganeshan Kalyani - The Reply = Refer Section 56 of Income Tax Act 1961. - Reply By Ram Krishna Gupta - The Reply = Thanks sir for reply but as di ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... scussed with IT officer he told me that in section 56 of Income tax act 1961 there is never mention that gift received from husband's nanaji is tax free. He wants law number/Income Tax rule no.with clause number for the same in which it may be clearly mention that gift received from husband's Nanaji is tax free. I told him that I lived with my Nana ji from last 25 years beca ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... use my parents gets divorced my Nanaji is taking care of me my mother since year 1989. Kindly help other wise the told me that IT dept. fine me and will charge Income tax with fine. Waiting for your kind advice your very big help. - Reply By SANJAY DAVE - The Reply = For section 56 (2) An individual receiving gifts from lineal ascendant of spouse means it will be applicable to A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... when A's spouse's parents/grandparents/great grand parents give gift to A. In the present case your lineal ascendants will be your father/ grand father/ great grand father. Your mother's father will not be your lineal ascendant. So in my view your wife receiving gift from your mother's father will not fall under exempted category. - Lineal ascendant of spouse - Query Started ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... By: - Roopam Gupta Dated:- 17-12-2015 Income Tax - Got 6 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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