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of <h1>Gift-tax Act Overhaul: Multiple Sections Omitted Including 7A, 7AA, 8A and Others Effective April 1988</h1> The Direct Tax Laws (Amendment) Act, 1987, section 165 mandates the omission of multiple sections from the Gift-tax Act, 1958. Specifically, sections 7A, 7AA, 7B, 8A, 9A, 11, 11A, 11AA, 11B, and 12 are to be removed from the Gift-tax Act effective April 1, 1988. This amendment represents a significant modification to the gift taxation framework in India.
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