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In CIT vs V. Natarajan (2006 287 ITR 271 Madras), the assessee sold a residential building at Bangalore and purchased another residential building at Chennai. The new residential house acquired in Chennai was registered in the name of his wife.
The court held that even though the assessee had invested the capital gain in acquisition of residential house in the name of his wife, the eligibility for deduction under Section 54 is satisfied.
The reasoning for the conclusion was, however, not elaborated in the decision.
What else can I help you with?
What relation am I to my daughter's sister-in-law?
I guess you will be her uncle. Consider this case.. You have a brother and he has a daughter.. Your daughter will be a sister in law to your brother's daughter.
What relation is your sister in law's spouse to you?
Your sister-in-law is not related to your spouse unless she is your spouse's sister.
What relation to you is your wife's brother-in-law's brother?
Your wife's brother-in-law is either your brother or the husband of her sister. In the first case, her brother-in-law's brother is you or one of your other brothers. In the second case, her brother-in-law's brother is not related to you.
What relation is your sister-in-law's husband to you?
There are two ways you can have a sister-in-law.Your sister-in-law is the wife of your brother. In that case, her husband is related to you. He is your brother.Your sister-in-law is the sister of your spouse. In that case, her husband is your spouse's brother-in-law but is not related to you.
What relation is by brother's brother-in-law to me?
No relation
Your cousin is what relation to your husband?
He is of relation as a cousin-in-law.
What is my relation with my relation of wife's sister?
sister in law.
What is relation between law and justice?
= "What is relation between law and justice?" =
What relation would your brothers sister-in-law be to you?
She would be the same relation to you as she is to him.
What relationship is my brother in law's mother in law's granddaughter to you?
No relation ..
What is a relation through marriage called?
in law sister in law father in law mother in law
What is private and public law?
-Public law: The law designated the relation between States or the United of States with the people, in case which states are controlled by the people (public) that is to say the State is over the public. + There are: * Constitution Law * The Criminal Law * The Government Law * The Law of Court of Justices * The Criminal Procedure Law * The Civil Procedure Lawanswered by YIM_TONHA >M.C.University
