IT act 1961 under section 56(2)(vii)

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....T act 1961 under section 56(2)(vii)<br> Query (Issue) Started By: - Arvind Ahluwalia Dated:- 25-4-2016 Last Reply Date:- 30-5-2016 Income Tax<br>Got 5 Replies<br>Income Tax<br>As per IT act 1961 under....

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.... section 56(2)(vii) Relative includes ,any lineal ascendant or descendant of the spouse of the individual; In this act whether lineal ascendant relating to maternal or paternal side are to be consid....

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....ered or only paternal side is to be considered. Kindly advise R&#39;s Arvind Reply By CA GOPALJI AGRAWAL: The Reply: To my view, it is paternal side only. Reply By Ganeshan Kalyani: The Reply: ....

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....Sir spouse is mentioned which can be both. Right Sir. Reply By Arvind Ahluwalia: The Reply: Dear Sir, It&#39;s means that maternal side of spouse is also consider. Kindly confirm. Thanks & Regar....

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....ds Arvind Reply By Arvind Ahluwalia: The Reply: Respected Sir/ Madam, Heartily requested kindly confirm. R&#39;s Arvind Ahluwalia Reply By Arvind Ahluwalia: The Reply: Dear Sir. Dear Sir, Re....

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....quested you please confirm It&#39;s means that maternal side of spouse is also consider under IT act 1961 under section 56(2)(vii) (Relative includes ,any lineal ascendant or descendant of the spouse....

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.... of the individual) Thanks & Regards Arvind<br> Discussion Forum - Knowledge Sharing ....