Fee revision under Gift-tax Act revises the prescribed statutory charge, changing the statutory payment requirement under that subsection. Amendment to the Gift-tax Act revises the prescribed statutory fee in sub-section (4) of section 23 by substituting the earlier prescribed fee wording ... Summary
Fee revision under Gift-tax Act revises the prescribed statutory charge, changing the statutory payment requirement under that subsection.
Amendment to the Gift-tax Act revises the prescribed statutory fee in sub-section (4) of section 23 by substituting the earlier prescribed fee wording with a new prescribed fee expression, altering only the fee payable under that subsection and leaving the remainder of section 23 unchanged.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.