Gift - Tax Act, 1958 | Government Acts(By Topic)|Gift - Tax

Gift Tax Act, 1958

Section	Topics
1	Short title, extent and commencement
2	Definitions
3	Charge of gift-tax
4	Gifts to include certain transfers
5	Exemption in respect of certain gifts
6	Value of gifts, how determined
6A	Aggregation of gifts made during a certain period
7	Gift-tax authorities and their jurisdiction
7A	Powers of Commissioner respecting specified areas, cases, persons, etc
7AA	Concurrent jurisdiction of Inspecting Assistant Commissioner and Gift-tax Officer
7B	Power to transfer cases
8	Control of gift-tax authorities
8A	Commissioners of Gift-tax (Appeals)
9	Instructions to subordinate authorities
9A	Directors of Inspection
10	Jurisdiction of Assessing Officers and power to transfer cases
11	Inspector of Gift-tax
11A	Commissioner competent to perform any function or functions
11AA	Gift-tax Officer competent to perform any function or functions
11B	Control of gift-tax authorities
12	Gift-tax authorities to follow orders, etc, of the Board
12A	Power of Chief Commissioner or Commissioner and of Deputy Commissioner to make enquiries under this Act
13	Return of gifts
14	Return after due date and amendment of return
14A	Return by whom to be signed
14B	Self-assessment
15	Assessment
16	Gift escaping assessment
16A	Time limit for completion of assessment and reassessment
16B	Interest for defaults in furnishing return of gifts
17	Penalty for failure to furnish returns, to comply with notices and concealment of gifts, etc
17A	Penalty for failure to answer questions, sign statements, furnish information, allow inspections, etc
18	Rebate on advance payments
18A	Credit for stamp duty paid on instrument of gift
18B	Additional gift-tax
19	Tax of deceased person payable by legal representative
19A	Assessment of persons leaving India
20	Assessment after partition of a Hindu undivided family
21	Liability in case of discontinued firm or association of persons
21A	Assessment of donee when the donor cannot be found
22	Appeal to the Deputy Commissioner (Appeals) from orders of Assessing Officer
22A	Application by the assessee in certain cases
23	Appeal to the Appellate Tribunal
24	Powers of Commissioner to revise orders of sub-ordinate authorities
25	Appeal to the Appellate Tribunal from orders of enhancement by Chief Commissioner or Commissioner
26	Reference to High Court
27	Hearing by High Court
28	Appeal to Supreme Court
28A	Tax to be paid notwithstanding reference, etc
28B	Definition of High Court
29	Gift-tax by whom payable
30	Gift-tax to be charged on property gifted
31	Notice to demand
32	Recovery of tax and penalties
33	Mode of recovery
33A	Refunds
34	Rectification of mistakes
35	Prosecution
35A	Offences by companies
35B	Offence by Hindu undivided families
35C	Section 360 of the Code of Criminal Procedure, 1973 and the Probation of Offenders Act, 1958, not to apply
35D	Presumption as to culpable mental state
35E	Proof of entries in records or documents
36	Power regarding discovery, production of evidence, etc
37	Power to call for information
38	Effect of transfer of authorities on pending proceedings
39	Computation of period of limitation
40	Service of Notice
41	Prohibition of disclosure of information
41A	Publication of information respecting assessees
41B	Disclosure of information respecting assessees
41C	Return of gifts, etc, not to be invalid on certain grounds
42	Bar of suits in civil court
43	Appearance before gift-tax authorities by authorised representatives
43A	Appearance by registered valuer in certain matters
44	Agreement for avoidance or relief of double taxation with respect to gift-tax
44A	Rounding off of taxable gifts
44B	Rounding off of tax, etc
45	Act not to apply in certain cases
46	Power to make rules
46A	Power to make exemption, etc, in relation to certain union territories
47	Power to remove difficulties

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