Gift-tax authority designation clarified: income-tax officials deemed corresponding gift-tax authorities for recovery and penalties under the Act. Amendment to section 33 replaces references to income-tax authorities with 'corresponding gift-tax authorities' and provides that the Chief Commissioner or Commissioner and the Tax Recovery Officer specified in the Income-tax Act shall be deemed the corresponding gift-tax authorities for recovery of gift-tax and sums imposed by way of penalty, fine and interest under the Gift-tax Act.
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 authority designation clarified: income-tax officials deemed corresponding gift-tax authorities for recovery and penalties under the Act.
Amendment to section 33 replaces references to income-tax authorities with "corresponding gift-tax authorities" and provides that the Chief Commissioner or Commissioner and the Tax Recovery Officer specified in the Income-tax Act shall be deemed the corresponding gift-tax authorities for recovery of gift-tax and sums imposed by way of penalty, fine and interest under the Gift-tax Act.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
