Whether date on which gift is made by assessee is to be excluded for the purposes of allowing rebate on advance payment of gift-tax under the section

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Circular No. 164 Dated 4/6/1975 Sections 18 and 18A Assessment SECTION 18l REBATE ON ADVANCE PAYMENTS Whether date on which gift is made by assessee is to be excluded for the purposes of all .....

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..... arose as to whether the date of making the gift is to be excluded while computing the period of 15 days mentioned in section 18. The Board are advised that under section 18 the date on which the gift .....

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