Section 2, Gift-tax Act, 1958 [S1E-VHS]
As at 7 September 2026. In force from 27 December 1958 by S.O. 1477(E) [N11-NN2].
2. Definitions.—In this Act, unless the context otherwise requires,— (a) "assessee" means a person by whom any tax or any other sum of money is payable under this Act; (b) "Board" means the Central Board of Direct Taxes constituted under the Central Boards of Revenue Act, 1963 (54 of 1963); (c) "previous year" means the financial year immediately preceding the assessment year; (d) "Assessing Officer" means the officer vested with the relevant jurisdiction by virtue of directions or orders issued under this Act; (e) "total income" means the total amount of income referred to in section 5, computed in the manner laid down in this Act; (f) "notification" means a notification published in the Official Gazette, and the expression "notified" shall be construed accordingly; (g) "prescribed" means prescribed by rules made under this Act.
Defined terms in this text (5)
assessee: Section 2, Gift-tax Act, 1958 [S1EVHS] (In this Act, unless the context otherwise requires,—): "assessee" means a person by whom any tax or any other sum of money is payable under this Act
assessee: 9 more definitions.
Assessing Officer: Section 2, Gift-tax Act, 1958 [S1EVHS] (In this Act, unless the context otherwise requires,—): "Assessing Officer" means the officer vested with the relevant jurisdiction by virtue of directions or orders issued under this Act
Assessing Officer: 8 more definitions.
Board: Section 2, Gift-tax Act, 1958 [S1EVHS] (In this Act, unless the context otherwise requires,—): "Board" means the Central Board of Direct Taxes constituted under the Central Boards of Revenue Act, 1963 (54 of 1963)
Board: 279 more definitions.
previous year: Section 2, Gift-tax Act, 1958 [S1EVHS] (In this Act, unless the context otherwise requires,—): "previous year" means the financial year immediately preceding the assessment year
previous year: 8 more definitions.
total income: Section 2, Gift-tax Act, 1958 [S1EVHS] (In this Act, unless the context otherwise requires,—): "total income" means the total amount of income referred to in section 5, computed in the manner laid down in this Act
total income: 3 more definitions.
Made under this section, or naming it (0)
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Cited by (0)
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Not held (0)
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Duties published under this section (0)
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