Amendment of section 5

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....tion 5 of the Gift-tax Act, in sub-section (1), after clause (iiid), the following clause shall be inserted, namely :- '(iiie) being an individual who is a non-resident Indian, to any rel....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....previous year in which the bonds are acquired, becomes a resident in India in any subsequent year, the provisions of this clause shall apply in respect of the gifts of property referred to in this cla....