Pls. tell what is the definition of relative for section 40 (A)2b of the Income Tax Act. Under what section/rule/provision it has been given.
DEFINITION OF RELATIVE FOR SEC 40(A) 2b
manoj gupta
Clarification on 'Relative' Definition in Income Tax Act: Section 40(A)2b Refers to Section 2(41) for Assessee's Relatives. A query was raised regarding the definition of 'relative' under section 40(A)2b of the Income Tax Act. One response directed the inquirer to an external link for further information. Another response clarified that, according to section 40(A)2b, 'relative' refers to any relative of the assessee, as defined in section 2(41) of the Act. (AI Summary)