Dear All,
Please clarify that any amount given as Gift to the Daughter in law by her Father in law shall be covered under sec 56 (2) (vii)?
Do "Daughter in laws" comes under the definition of relative?
1 Replies
CA Deepesh Ruhela
(Keen to Learn)
(3271 Points)
Replied 08 July 2014
Yes, daughter in law comes under the defination of Relative.
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