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Income tax

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29 October 2017 Is assessee's father-in-law's brother is his relative or not ??
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
29 October 2017 1. No as per section 2(41) of the Income Tax Act,1961.

2.No as per explanation to section 56 (2 (vi) and explanation (e) to section 56(2)(vii) of the Income Tax Act,1961.


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