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Section21
The Finance Act, 1965

Amendment of Act 18 of 1958

In force Act 15 of 1965 As on 17 Oct 2026

Act 15 of 1965 Ministry Finance

Section 21 of the Finance Act, 1965 deals with amendment of Act 18 of 1958. Amendment of Act 18 of 1958 21. In the Gift-tax Act, 1958,- (i) in section 5, after sub-section (1), the following sub-section shall be, and shall be deemed to have been, inserted with effect from the 1st day of April, 1964, namely: — "(1A) Any reference in clause (v) or clause (vi) of sub-section (

Amendment of Act 18 of 1958

21. In the Gift-tax Act, 1958,-

(i) in section 5, after sub-section (1), the following sub-section shall be, and shall be deemed to have been, inserted with effect from the 1st day of April, 1964, namely: —

"(1A) Any reference in clause (v) or clause (vi) of sub-section (1) to charitable purpose in relation to a gift made on or after the 1st day of April, 1964 shall be construed as not including a purpose the whole or substantially the whole of which is of a religious nature.";

(ii) in sections 32 and 33A, for the words "four per cent." wherever they occur, the words "six per cent." shall be, and shall be deemed to have been, substituted with effect from the 1st day of April, 1965.

[Finance (No.

2) Act, 1965]

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Section 21, The Finance Act, 1965 (Act 15 of 1965).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 5 Amendment of section 33

Questions about Section 21

What does Section 21 of the Finance Act deal with?

Section 21 of the Finance Act is headed "Amendment of Act 18 of 1958". Amendment of Act 18 of 1958 21. In the Gift-tax Act, 1958,- (i) in section 5, after sub-section (1), the following sub-section shall be, and shall be deemed to have been, inserted with effect from the 1st day of April, 1964, namely: — "(1A) Any reference in clause (v) or clause (vi) of sub-section (

How do I find court cases under Section 21 of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 1965 21, section 21 Finance Act 1965, section 21 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 21 of the Finance Act, and has it changed?

Its own text turns on section 5 (Amendment of section 33), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 1965 as Act 15 of 1965. India Code records no commencement date for it. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. 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. This page is not a substitute for legal advice.