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<h1>Tax Credit Clarification: Section 17(1)(i) Interpretation Retroactively Defines Gift-Tax Calculation Before 1963 Fiscal Period</h1> The provision clarifies the interpretation of section 17(1)(i) of the Gift-tax Act before April 1, 1963, retroactively defining 'such tax' as the gift-tax chargeable under the Act, reduced by any credit allowed under section 18. This amendment modifies the calculation of gift tax by accounting for potential tax credits during that specific period.