TaxTMI 
TaxTMI 
INCOME TAX - OTHER SOURCES
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....NCOME TAX - OTHER SOURCES<br> Query (Issue) Started By: - GANAPATHY PADMANABHA SARMA Dated:- 23-11-2010 Last Reply Date:- 11-3-2011 Other Topics<br>Got 1 Reply<br>Indian Laws<br>WHAT IS THE MEANING OF....
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.... LINEAL ASCENDANT AND LINEAL DESCENDANT REFERRED IN SECTION 56(2) OF THE I.T.ACT IN THE TERM RELATIVE? Reply By Surender Gupta: The Reply: Lineal ascendant include father, mother, grandfather and gra....
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....ndmother, great grandfather and great grandmother and so on. Similarly, the lineal descendant children, grand children, great grand children and their children as well. No limitation as to the degre....
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....e of relationship is prescribed so that a lineal ascendant or descendant of not only first and second degree but also third and fourth degree and so on will also qualify as a relative<br> Discussion F....
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....orum - Knowledge Sharing ....