Act Info:
Preamble1 - GIFT-TAX ACT, 1958 [cease to have effect on or after the 01.10.1998]
Chapter I Section1 - Short title, extent and commencement
Section2 - Definitions
Chapter II Section3 - Charge of gift-tax
Section4 - Gifts to include certain transfers
Section5 - Exemption in respect of certain gifts
Section6 - Value of gifts, how determined
Chapter III Section7 - Gift-tax authorities and their jurisdiction
Section8 - Control of gift-tax authorities
Section9 - Instructions to subordinate authorities
Section10 - Jurisdiction of Assessing Officers and power to transfer cases
Section11 - Omitted
Section11A - Omitted
Section11AA - Omitted
Section11B - Omitted
Section12 - Omitted
Section12A - Power of Chief Commissioner or Commissioner and of Deputy Commissioner to make enquiries under this Act
Chapter IV Section13 - Return of gifts
Section14 - Return after due date and amendment of return
Section14A - Return by whom to be signed
Section14B - Self-assessment
Section15 - Assessment
Section16 - Gift escaping assessment
Section16A - Time-limit for completion of assessment and reassessment
Section16B - Interest for defaults in furnishing return of gifts
Section17 - Penalty for failure to furnish returns, to comply with notices and concealment of gifts, etc
Section17A - Penalty for failure to answer questions, sign statements, furnish information, allow inspection, etc
Section18 - Rebate on advance payments
Section18A - Credit for stamp duty paid on instrument of gift
Chapter V Section19 - Tax of deceased person payable by legal representative
Section19A - Assessment of persons leaving India
Section20 - Assessment after partition of a Hindu undivided family
Section21 - Liability in case of discontinued firm or association of persons
Section21A - Assessment of donee when donor connot be found
Chapter VI Section22 - Appeal to the [Deputy Commissioner (Appeals)] from orders of [Assessing Officers]
Section23 - Appeal to the Appellate Tribunal
Section24 - Powers of Commissioner to revise orders of subordinate authorities
Section25 - Appeal to the Appellate Tribunal from orders of enhancement by [Chief Commissioner or Commissioner]
Section26 - Reference to High Court
Section27 - Hearing by High Court
Section28 - Appeal to Supreme Court
Section28A - Tax to be paid notwithstanding reference, etc
Section28B - Definition of High Court
Chapter VII Section29 - Gift-tax by whom payable
Section30 - Gift-tax to be charged on property gifted
Section31 - Notice of demand
Section32 - Recovery of tax and penalties
Section33 - Mode of recovery
ChapterVIIA - REFUNDS
Section33A - Refunds
Chapter VIII Section34 - Rectification of mistakes
Section35 - Prosecution
Section35A - Offences by companies
Section35B - Offences by Hindu undivided families
Section35C - Section 360 of the Code of Criminal Procedure, 1973, and the Probation of Offenders Act, 1958, not to apply
Section35D - Presumption as to culpable mental state
Section35E - Proof of entries in records or documents
Section36 - Power regarding discovery, production of evidence, etc
Section37 - Power to call for information
Section38 - Effect of transfer of authoritites on pending proceedings
Section39 - Computation of period of limitation
Section40 - Service of notice
Section41 - Omitted
Section41A - Publication of information respecting assessees
Section41B - Disclosure of information respecting assessees
Section41C - Return of gifts etc., not to be invalid on certain grounds
Section42 - Bar of suits in civil court
Section43 - Appearance before Gift-tax authorities by authorised representatives
Section43A - Appearance by registered valuer in certain matters
Section44 - Agreement for avoidance or relief of double taxation with respect to gift-tax
Section44A - Rounding off of taxable gifts
Section44B - Rounding off of tax, etc
Section45 - Act not to apply in certain cases
Section46 - Power to make rules
Section46A - Power to make exemption, etc., in relation to certain Union territories
Section47 - Power to remove difficulties
ScheduleI - FIRST SCHEDULE
ScheduleII - SECOND SCHEDULE