Section 30

Gift-tax to be charged on property gifted. Repealed

The Gift-tax Act, 1958

  • Act 18 of 1958
  • Ministry of Finance
  • Department of Revenue
About this Act

An Act to provide for the levy of gift-tax

All sections
Gift-tax payable in respect of any gift comprising immovable property shall be a first charge on that property but any such charge shall not affect the title of a bona fide purchaser for valuable consideration without notice of the charge.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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