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Mar 10, 2010 · The answer first question would be 1)Lineal Ascendant means your father,grandfather, great grand father... Lineal Descendant means your son, grand son, great grand son. 2)No. she will not be considered a lineal ascendant or descdant. 3) No. The term lineal ascendant or descendant is also an often-used term but never defined in various Indian laws.
Jul 21, 2019 · The author in this article has analyzed the provisions of the various Acts with regard to the definition of a relative.
Jan 21, 2020 · This article provides list of relatives covered Section 56 (2) (VII) of the Income Tax Act,1961. As per Section 56 (2) (VII) if any gift received from relative which are covered under following list will be exempt in the hands of receiver.
Jun 15, 2008 · S.Srinivasaraghavan (Chief Financial Officer and Co) (11318 Points) Replied 16 June 2008. lineal descendant is a person who is in direct line to an ancestor, such as child, grandchild, great-grandchild and on forever. lineal ascendant is the ancestors likewise. Upgrade to CAclubindia Pro.
Jul 4, 2008 · The expression “relative” as appearing in section 2(41) is in relation to an individual and persons who are included in the category of “relatives” have been spelt out in the provision itself i.e., husband, wife, brother or sister or any lineal ascendant or descendant of that individual.
Jan 13, 2022 · “Relative”, in relation to an individual, means the husband, wife, brother or sister, or any lineal ascendant or descendant of the individual.
Lineal ascendants are ancestors who are directly related to a person through their bloodline. For example, if someone's grandfather passes away and leaves them an inheritance, they are receiving it from a lineal ascendant. This term is often used in legal documents and genealogy research.
