Introduction:

The author in this article has analyzed the provisions of the various Acts with regard to the definition of a relative. A comparative analysis has been done among the definitions provided under:

 Analysis:

Comparative chart of the definition of a relative under above mentioned acts is as under:

S. No.
Relative
Companies Act
Income Tax Act
Accounting Standard
GST
2(77)
2(41)
56(2)(vii)
AS -18
Ind AS -24
1
Husband/ Wife/ Spouse
Covered
Covered
Covered
Covered
Covered
Covered
2
Father
Covered
Covered (Lineal Ascendant)
Covered (Lineal Ascendant)
Covered
Not Covered
Covered (If dependent)
3
Step Father
Covered
Not Covered
Not Covered
Not Covered
Not Covered
Not Covered
4
Mother
Covered
Covered (Lineal Ascendant)
Covered (Lineal Ascendant)
Covered
Not Covered
Covered (If dependent)
5
Step Mother
Covered
Not Covered
Not Covered
Not Covered
Not Covered
Not Covered
6
Son
Covered
Covered (Lineal Descendant)
Covered (Lineal Descendant)
Covered
Not Covered
Covered
7
Step Son
Covered
Not Covered
Not Covered
Not Covered
Not Covered
Not Covered
8
Daughter
Covered
Covered (Lineal Descendant)
Covered (Lineal Descendant)
Covered
Not Covered
Covered
9
Step Daughter
Not Covered
Not Covered
Not Covered
Not Covered
Not Covered
Not Covered
10
Brother
Covered
Covered
Covered
Covered
Not Covered
Covered (If dependent)
11
Step Brother
Covered
Not Covered
Not Covered
Not Covered
Not Covered
Not Covered
12
Sister
Covered
Covered
Covered
Covered
Not Covered
Covered (If dependent)
13
Step Sister
Covered
Not Covered
Not Covered
Not Covered
Not Covered
Not Covered
14
Son’s Wife
Covered
Not Covered
Not Covered
Not Covered
Not Covered
Not Covered
15
Daughter’s Husband
Covered
Not Covered
Not Covered
Not Covered
Not Covered
Not Covered
16
Member of a HUF
Covered
Not Covered
Not Covered
Not Covered
Not Covered
Not Covered
17
Grandson
Not Covered
Covered (Lineal Descendant)
Covered (Lineal Descendant)
Not Covered
Not Covered
Not Covered
18
Grand Daughter
Not Covered
Covered (Lineal Descendant)
Covered (Lineal Descendant)
Not Covered
Not Covered
Not Covered
19
Grand Father
Not Covered
Covered (Lineal Ascendant)
Covered (Lineal Ascendant)
Not Covered
Not Covered
Not Covered
20
Grand Mother
Not Covered
Covered (Lineal Ascendant)
Covered (Lineal Ascendant)
Not Covered
Not Covered
Not Covered
21
Liner Ascendant/ Descendant of Spouse (Including their Spouse)
Not Covered
Not Covered
Covered
Not Covered
Not Covered
Not Covered
22
Spouse’s Brother/Sister
Not Covered
Not Covered
Covered
Not Covered
Not Covered
Not Covered
23
Spouse of Liner Ascendant
Not Covered
Not Covered
Covered
Not Covered
Not Covered
Not Covered
24
Spouse of Liner Descendant
Not Covered
Not Covered
Covered
Not Covered
Not Covered
Not Covered
25
Spouse of Spouse’s Brother/ Sister
Not Covered
Not Covered
Covered
Not Covered
Not Covered
Not Covered
26
Spouse of Brother/ Sister of the Individual
Not Covered
Not Covered
Covered
Not Covered
Not Covered
Not Covered
27
Parent’s Brother Sister
Not Covered
Not Covered
Covered
Not Covered
Not Covered
Not Covered
28
Spouse of parent’s Brother Sister
Not Covered
Not Covered
Covered
Not Covered
Not Covered
Not Covered
29
Dependent of Individual/ Spouse
Not Covered
Not Covered
Not Covered
Not Covered
Covered
Not Covered

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Author Bio

Qualification: CA in Practice
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Location: JAIPUR, Rajasthan, IN
Member Since: 20 Jul 2019 | Total Posts: 2
I am a young Chartered Accountant, cleared my chartered accountancy in May, 2018. I am also pursuing LLB from University Law College, Jaipur. In addition to above, I have also started an online platform 'CA PRO" to integrate the CA Community and to interact with general public. Website: www.ca-pro View Full Profile

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