Return of gifts not to be invalid despite procedural errors if substance conforms to the Act's intent. The provision provides that returns of gifts, assessments, notices, summonses and other proceedings under the Gift-Tax Act shall not be invalid merely due to mistakes, defects or omissions if the instrument is in substance and effect in conformity with the intent and purpose of the Act, applying whether furnished, made, issued, taken or purported to have been so.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Return of gifts not to be invalid despite procedural errors if substance conforms to the Act's intent.
The provision provides that returns of gifts, assessments, notices, summonses and other proceedings under the Gift-Tax Act shall not be invalid merely due to mistakes, defects or omissions if the instrument is in substance and effect in conformity with the intent and purpose of the Act, applying whether furnished, made, issued, taken or purported to have been so.
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