https://www.taxtmi.com/acts?id=46775 Section 18A grants a credit for stamp duty paid on an instrument of gift: the assessee may deduct from gift-tax payable an amount equal to the stamp duty paid or a capped portion of the gift-tax (the cap being one-half of the gift-tax payable before this deduction), whichever is less. en-us Mon, 30 Dec 2024 14:58:56 +0530 Mon, 30 Dec 2024 14:58:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46775 Section 18A grants a credit for stamp duty paid on an instrument of gift: the assessee may deduct from gift-tax payable an amount equal to the stamp duty paid or a capped portion of the gift-tax (the cap being one-half of the gift-tax payable before this deduction), whichever is less. Act-Rules F. Acts / Amendment Acts Mon, 30 Dec 2024 14:58:56 +0530 https://www.taxtmi.com/acts?id=46775