{"act":{"id":"finance-act-1976","short_title":"The Finance Act, 1976","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 1976-1977.","act_number":"66","act_year":1976,"enact_date":"1976-05-27","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":32,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-1976/"},"unit":"section","section":{"number":"28","heading":"Amendment of Act 18 of 1958","text":"Gift-tax Amendment of Act 18 of 1958. 28. In section 5 of the Gift-tax Act, 1958, in clause (iv) of sub-section (1), after the words \"local authority\", the words, brackets, figures and letter \"or any authority referred to in clause (20A) of section 10 of the Income-tax Act \"shall be inserted with effect from the 1st day of April, 1977. [Finance Act, 1976] © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><i>Gift-tax </i></p><p><b>Amendment of Act 18 of 1958.</b></p><p><b>28.</b> In section 5 of the Gift-tax Act, 1958, in clause (<i>iv</i>) of sub-section (<i>1</i>), after the words \"local authority\", the words, brackets, figures and letter \"or any authority referred to in clause (<i>20A</i>) of section 10 of the Income-tax Act \"shall be inserted with effect from the 1st day of April, 1977.</p><p>[Finance Act, 1976]</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":69,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-1976/section/28/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}