Section 21 - Amendment of Act 18 of 1958 - Finance (No. 2) Act, 1965

21. Amendment of Act 18 of 1958 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.