Substitution of new section for section 18A
Section 39 of the Finance Act, 1982 deals with substitution of new section for section 18A. Substitution of new section for section 18A.
Substitution of new section for section 18A.
39. In the Gift-tax Act, for section 18A, the following section shall be substituted with effect from the 1st day of April. 1983, namely:—
"18A. Credit for stamp duty paid on instrument of gift.—Where any stamp duty has been paid under any law relating to stamp duty in force in any State on an instrument of gift of property, the assessee shall be entitled to a deduction from the gift-tax payable by him of an amount equal to the stamp duty so paid or one-half of the gift-tax payable, before making the deduction under this section, whichever is less.".
[Finance Act, 1982]
© Copyright. Taxmann Publications Pvt. Ltd.
Section 39, The Finance Act, 1982 (Act 14 of 1982).
Questions about Section 39
What does Section 39 of the Finance Act deal with?
Section 39 of the Finance Act is headed "Substitution of new section for section 18A". Substitution of new section for section 18A.
How do I find court cases under Section 39 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 1982 39, section 39 Finance Act 1982, section 39 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When was the Finance Act enacted?
Finance Act was enacted in 1982 as Act 14 of 1982. 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
- 2. Income tax2087 words
- 18. Insertion of new section 80 MMB957 words
- 4. Amendment of section 10827 words
- 13. Amendment of section 80 C703 words
- 12. Insertion of new section 54F613 words
- 22. Insertion of new section. 89A600 words
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.