# The Finance Act, 1991, Section 84: Amendment of section 4

- Act: The Finance Act, 1991 (Act 49 of 1991)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1991/section/84/

## Text

Amendment of section 4. 84. In section 4 of the Gift-tax Act, 1958 (18 of 1958) (hereinafter referred to as the Gift-tax Act), in sub-section (2), in clause (a), for the words "market value of the property at the date of the transfer", the words and figures "value of the property as on the date of the transfer and determined in the manner laid down in Schedule II," shall be substituted with effect from the 1st day of April, 1992. [Finance (No. 2) Act, 1991] © Copyright. Taxmann Publications Pvt. Ltd.

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