Amendment of Act 18 of 1958

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..... es the transfer or conversion of any property referred to in section 4, deemed to be a gift under that section" shall be substituted with effect from the 1st day of April, 1972; (b) section 4 shall, with effect from the 1st day of April, 1972, be re-numbered as sub-section (1) thereof and after sub-section (1) as so re-numbered, the following sub-section shall be inserted with effect from t .....

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..... s of the Hindu undivided family other than such individual would be entitled to, if a partition of the converted property had taken place immediately after such conversion."; (c) in section 5, in sub-section (1), - (i) in clause (v), for the word and figures "section 88", the word, figures and letter "section 80G" shall be substituted, and shall be deemed to have been .....

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..... he Income-tax Act shall be deemed to be the Tax Recovery Commissioner and the Tax Recovery Officer" shall be substituted with effect from the 1st day of January, 1972; (e) in section 45, after Explanation 2, the following Explanation shall be inserted, namely :- "Explanation 3 : For the removal of doubts, it is hereby declared that the exemption admissible under clause (e) in relatio .....

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