sec 2(41) of income tax act, lineal ascendant/descendant means

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Venkataramireddy.A (Querist)
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28 September 2016 Hi, Good morning. please could you clarify lineal ascendant/descendant meaning as per section 2(41) of income tax act. will mother's mother and mother's father come under relative. please clarify ...

Amol S Joglekar

Amol S Joglekar (Expert)
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28 September 2016 lineal ascendant : father, father's father, father's father's father and so on
lineal descendant :son, son's son, son' son's son and so on

Venkataramireddy.A

Venkataramireddy.A (Querist)
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28 September 2016 thanks Amol for reply. so mother side it won't cover under relative at the same time daughter's side it won't cover... is it right?

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Amol S Joglekar

Amol S Joglekar (Expert)
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28 September 2016 yes, as per section 2(41)....relative of X is husband/wife of X, brother of X, sister of X, lineal ascendant of X, lineal descendant of X
(Please note for section 56 of Income tax act, the definition of relative is different than this)

Venkataramireddy.A

Venkataramireddy.A (Querist)
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28 September 2016 Thanks ton Amol for resolving the issue so soon... have grate time..

Amol S Joglekar

Amol S Joglekar (Expert)
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28 September 2016 you are most welcome.
One more point : both the definitions are EXACT definitions......because they start with the verb means..... (i.e. they are not inclusive definitions.......they are exact definitions)