Notification S.O. 1679(E), dated 5th September, 1968 [N11-V6W]
As at 7 September 2026. In force from 5 September 1968.
S.O. 1679(E).—In exercise of the powers conferred by section 10 of the Gift-tax Act, 1958 (18 of 1958), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts principals officer whose the deduction of tax at source does not exceed ten thousand rupees in value in a financial year from the provisions of section 4 of the said Act, subject to the condition that every such person shall intimate the Board in writing of the commencement of the deduction of tax at source within ninety days of such commencement.
Made under
Recital: "In exercise of the powers conferred by section 10 of the Gift-tax Act, 1958 (18 of 1958), the Central Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the Gift-tax Act, 1958 (18 of 1958) [S1E-VS9]. Vires verified.
Acts on (1)
Exempts Section 4, Gift-tax Act, 1958 [S1E-VKX], 5 September 1968. "section 4 of the said Act".
Acted on by (0)
none
Not held (0)
none