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Gift-tax Act, 1958 [Cease to Have Effect on or After the 01.10.1998] Section 89

Title: Section 14B - Self-assessment

State: Central

Year: 1958

Appellate Tribunal constituted under section 252 of the Income-tax Act;] 2 [(iii) "assessee" means a person by whom gift-tax or any other sum of money is payable under this Act, and includes-- (a) every person in respect

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Gift-tax Act, 1958 [Cease to Have Effect on or After the 01.10.1998] Section 22

Title: Appeal to the

State: Central

Year: 1958

any time after the expiry 3 [two years] from the end of the assessment year in which the gifts were first assessable: 4 [Provided that,-- (a) where the gifts were first assessable in the assessment year commencing

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Gift-tax Act, 1958 [Cease to Have Effect on or After the 01.10.1998] Section 25

Title: Appeal to the Appellate Tribunal from orders of enhancement by

State: Central

Year: 1958

[ 6 [Explanation 1].-Forthe purposes of this section, "Magistrate" means a PresidencyMagistrate or a Magistrate of the first class.] 7 [Explanation 2.-For theremoval of doubts, it is hereby declared that the powers of the Board to issueorders, … amend any order of assessment or of refund or any other order passed by him; 3 [(aa) a gift-tax authority may amend any intimation sent by it under sub-section (1) of section 15 or enhance or reduce

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Gift-tax Act, 1958 [Cease to Have Effect on or After the 01.10.1998] Section 2

Title: Earlier Explanation was remembered as Explanation 1 and Explanation 2 was Inserted by Act 20 of 1967, sec. 35

State: Central

Year: 1958

order, make an exemption, reduction in rate or other modification in respect of gift-tax in favour of any class of gifts or in regard to the whole or any part of the gift made by any assessee

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Gift-tax Act, 1958 [Cease to Have Effect on or After the 01.10.1998] Section 3

Title: Special provision for quoted shares of companies

State: Central

Year: 1958

section 185 w.e.f. 1-4-1988. 1 [THE SCHEDULE II] [See section 6(1) RULES FOR DETERMINING THE VALUE OF PROPERTY GIFTED 2 [1. Value of gifted property how to determined 3 [Subject to the provisions of rules 2 to

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Gift-tax Act, 1958 [Cease to Have Effect on or After the 01.10.1998] Section 4

Title: Unquoted preference shares

State: Central

Year: 1958

share in any company shall,- (a) where the preference share is issued before the date on which the gift was made at a rate of dividend of not less than eight per cent., be the paid-up value

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Gift-tax Act, 1958 [Cease to Have Effect on or After the 01.10.1998] Section 10

Title: Sub-sections

State: Central

Year: 1958

orders thereon as it thinks fit, and any such orders may include an order enhancing the amount of gift-tax determined or penalty imposed: Provided that no order enhancing the amount of gift-tax determined or penalty imposed shall

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Gift-tax Act, 1958 [Cease to Have Effect on or After the 01.10.1998] Section 5

Title: Unquoted cquiry shares in companies other than investment companies

State: Central

Year: 1958

preference shares and equity shares where such dividends have not been declared before the date on which the gift was made at a general body meeting of the company; (iii) reserves, by whatever name called, other than

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