Gift-Tax Act, 1958

Section - 1 - Short title, extent and commencement

THE GIFT-TAX ACT, 1958

[18 OF 1958]

[THE ACT HAS CEASED TO APPLY WITH EFFECT FROM GIFTS MADE ON OR AFTER 1-10-1998 (SEE SECTION 3(3)) ]

An Act to provide for the levy of gift-tax

BE it enacted by Parliament in the Ninth Year of the Republic of India as follows :-

CHAPTER I

PRELIMINARY

Short title, extent and commencement.

11. (1) This Act may be called the Gift-tax Act, 1958.

(2) It extends to the whole of India except the State of Jammu and Kashmir.

(3) It shall be deemed to have come into force on the 1st day of April, 1958.

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