# The Finance Act, 1990, Section 61: Amendment of section 15

- Act: The Finance Act, 1990 (Act 12 of 1990)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1990/section/61/

## Text

Amendment of section 16 61. In section 16 of the Gift-tax Act, in sub-section (1B), m clause (a), for the words "except by an Assessing Officer of the rank of Assistant Commissioner or Deputy Commissioner", the words "by an Assessing Officer, who is below the rank of Assistant Commissioner, unless the Deputy Commissioner is satisfied on the reasons recorded by such Assessing Officer that it is a fit case for the issue of such notice" shall be substituted. [Finance Act, 1990] © Copyright. Taxmann Publications Pvt. Ltd.

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