Section 88 - Amendment of section 22 - Direct Tax Laws (Amendment) Act, 1989

88. Amendment of section 22. In section 22 of the Gift-tax Act [as amended by section 176 of the Direct Tax Laws (Amendment) Act, 1987 (4 of 1988)],- (i) in sub-section (1), in clause (d), the words, figures and letters as it stood immediately before the 1st day of April, 1989 or under section 17 as amended by the Direct Tax Laws (Amendment) Act, 1987 occurring at the end shall be omitted; (ii) in sub-section (1A), for clause (c), the following clause shall be substituted, namely :- (c) objecting to any penalty imposed under sub-section (1) of section 17 with the previous approval of the Deputy Commissioner as specified in sub-section (3) of that section; .