Gift-tax jurisdiction aligned with income-tax authorities, enabling Board control, guidance, extensions, and case transfers and procedures. Gift-tax authorities are the income-tax authorities and exercise corresponding jurisdiction; the Board may control and direct gift-tax administration, issue guidelines for assessment, collection and penalties, authorise admission of delayed claims to prevent hardship, and apply Income-tax provisions on assessing officer jurisdiction and case transfers to the Gift-tax Act subject to stated modifications.
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.
Gift-tax jurisdiction aligned with income-tax authorities, enabling Board control, guidance, extensions, and case transfers and procedures.
Gift-tax authorities are the income-tax authorities and exercise corresponding jurisdiction; the Board may control and direct gift-tax administration, issue guidelines for assessment, collection and penalties, authorise admission of delayed claims to prevent hardship, and apply Income-tax provisions on assessing officer jurisdiction and case transfers to the Gift-tax Act subject to stated modifications.
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