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of <h1>Gift-tax Officers Directed to Investigate Deeds for Potential Tax Evasion Under Gift-tax Act, 1958.</h1> Gift-tax Officers are instructed to gather information on transactions potentially used to evade gift-tax, as highlighted by the Comptroller & Auditor General of India. This includes cases where the apparent consideration is inadequate and involves Gift-deeds, Settlement-deeds, Trust-deeds, and deeds labeled as instruments of partition. Officers are to obtain this information from registering officers and take appropriate action under the Gift-tax Act, 1958, to ensure compliance and counteract tax evasion.
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