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Section75
The Finance Act, 1998

Amendment of section 3

In force As on 17 Oct 2026

Ministry Finance

Section 75 of the Finance Act, 1998 deals with amendment of section 3. Gift-tax Amendment of section 3. 75. In the Gift-tax Act, 1958 (18 of 1958) (hereinafter referred to as the Gift-tax Act), in section 3, after sub-section (2), the following sub-section shall be inserted with effect from the 1st day of October, 1998, namely :— "(3) Notwithstanding anything contained

Gift-tax

Amendment of section 3.

75. In the Gift-tax Act, 1958 (18 of 1958) (hereinafter referred to as the Gift-tax Act), in section 3, after sub-section (2), the following sub-section shall be inserted with effect from the 1st day of October, 1998, namely :—

"(3) Notwithstanding anything contained in sub-section (2), the provisions of this Act shall cease to apply and shall have no effect whatsoever in respect of any gift made on or after the 1st day of October, 1998.".

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Section 75, The Finance Act, 1998.

Cross-references

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

This section refers to

  1. s. 3 Substitution of new authorities

Questions about Section 75

What does Section 75 of the Finance Act deal with?

Section 75 of the Finance Act is headed "Amendment of section 3". Gift-tax Amendment of section 3. 75. In the Gift-tax Act, 1958 (18 of 1958) (hereinafter referred to as the Gift-tax Act), in section 3, after sub-section (2), the following sub-section shall be inserted with effect from the 1st day of October, 1998, namely :— "(3) Notwithstanding anything contained

How do I find court cases under Section 75 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 1998 75, section 75 Finance Act 1998, section 75 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 75 of the Finance Act, and has it changed?

Its own text turns on section 3 (Substitution of new authorities), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 1998. 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.