https://www.taxtmi.com/acts?id=50952 For non-cash gifts, value is determined by applying the Wealth-tax Act's valuation schedule rules to the Gift-tax Act, subject to specified modifications: references to the Wealth-tax Act read as references to the Gift-tax Act; the valuation-date is the date the gift was made except where a rule treats a valuation-year reference as the previous year; and certain referenced sections of the Wealth-tax Act are to be read as corresponding sections of the Gift-tax Act. en-us Thu, 17 Apr 2025 14:38:22 +0530 Thu, 17 Apr 2025 14:38:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50952 For non-cash gifts, value is determined by applying the Wealth-tax Act's valuation schedule rules to the Gift-tax Act, subject to specified modifications: references to the Wealth-tax Act read as references to the Gift-tax Act; the valuation-date is the date the gift was made except where a rule treats a valuation-year reference as the previous year; and certain referenced sections of the Wealth-tax Act are to be read as corresponding sections of the Gift-tax Act. Act-Rules F. Acts / Amendment Acts Thu, 17 Apr 2025 14:38:22 +0530 https://www.taxtmi.com/acts?id=50952