Introducing the βIn Favour Ofβ filter in Case Laws.
- βοΈ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- π Narrow down results with higher precision
Try it now in Case Laws β


Just a moment...
Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Finance Act 1967 Amends Gift-tax Act 1958: Streamlines Officer Jurisdiction, Authority, and Delegation Under Revised Sections.</h1> The amendment to the Gift-tax Act, 1958, introduced by the Finance (No. 2) Act, 1967, revises several sections to streamline jurisdiction and authority concerning Gift-tax Officers. It allows multiple Income-tax Officers to have concurrent jurisdiction over a person for Gift-tax purposes, as specified by the Commissioner. The Commissioner can delegate functions to Inspectors or staff within specified areas or cases, and transfer cases between Gift-tax Officers. Changes also clarify the roles and jurisdiction of Gift-tax Officers and Inspectors, and define terms related to company amalgamations under the Act.