DEFINITION OF RELATIVE FOR SEC 40(A) 2b, Income Tax

[manoj gupta]

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.

Posts / Replies

[GOPALJI AGRAWAL]

Dear Manoj

You may get the full reply at the following link

http://www.knowledgebible.com/forum/showthread.php/2104-Specified-persons-in-case-of-individual-assessee-for-the-purpose-of-Sec.-40A(2)

 

[swapna srinivasulu]

as per sec 40 (A) 2b , it meant any relative of the assessee . the meaning of relative for the purpose will be as defined in sec 2 (41)