TMI BlogLineal ascendant of spouse - Gift categoryX X X X Extracts X X X X X X X X Extracts X X X X ..... Lineal ascendant of spouse - Gift category X X X X Extracts X X X X X X X X Extracts X X X X ..... rule in Lineal ascendant of spouse category only parental side is consider or maternal side is also consider. Reply By Arvind Ahluwalia: The Reply: As per IT act 1961 under section 56(2)(vii) Relat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ive includes,any lineal ascendant or descendant of the spouse of the individual; In this act whether lineal ascendant relating to maternal or paternal (both) side are to be considered or only paternal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... side is to be considered.
Kindly advise...........
Thanks
Reply By DR.MARIAPPAN GOVINDARAJAN:
The Reply:
In my view, according to the language used,both sides may be considered. X X X X Extracts X X X X X X X X Extracts X X X X ..... rum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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