Omitted by the Finance Act, 1986 (23 of 1986), s. 43 (w.e.f. 1-4-1987).
1. Clause (xvi) omitted by 23 of 1986, s. 42, (w.e.f. 1-4-1987).
2. Ins. by Act 15 of 1965, s. 21 (w.e.f. 1-4-1964).
3. The words, brackets and figures “or clause (vi)”omitted by Act 23 of 1986, s. 42 (w.e.f. 1-4-1987).
4. Subs. by Act 38 of 1993, s. 41, for “twenty thousand” (w.e.f. 1-4-1994).
5. Sub-section (3) omitted by 23 of 1986, s. 42 (w.e.f. 1-4-1989).
6. Subs. by Act 53 of 1962, s. 4, for “in the taxable territories with the meaning of the income-tax Act” (w.e.f. 1-4-1963).
7. Subs. by Act 3 of 1989, s. 81, for section 6 (w.e.f. 1-4-1989).
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CHAPTER III GIFT-TAX AUTHORITIES 1 [7. Gift-tax authorities and their jurisdiction. —The income-tax authorities specified in section 116 of the Income-tax Act shall be the gift-tax authorities for the purposes of this Act and every such authority shall exercise the powers and perform the functions of a gift-tax authority under this Act in respect of any person within his jurisdiction, and for this purpose his jurisdiction under this Act shall be the same as he has under the Income-tax Act by virtue of orders or directions issued under section 120 of that Act (including orders or directions assigning concurrent jurisdiction) or under any other provision of that Act.
Explanation.—For the purposes of this section, the gift-tax authority having jurisdiction in relation to a person who has no income assessable to income-tax under the Income-tax Act shall be the gift-tax authority having jurisdiction in respect of the area in which that person resides.