Extension of cross-reference to section 17A expands the applicability of section 25(1) in the Gift-tax framework. Amendment substitutes the phrase "under section 17" in section 25(1) of the Gift-tax Act with "under section 17 or section 17A," thereby extending the ... Summary
Extension of cross-reference to section 17A expands the applicability of section 25(1) in the Gift-tax framework.
Amendment substitutes the phrase "under section 17" in section 25(1) of the Gift-tax Act with "under section 17 or section 17A," thereby extending the operative scope of section 25(1) to include dispositions governed by section 17A.
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