Section 41C of The Gift-tax Act, 1958 View Chapter 8

Return of gifts, etc., not to be invalid on certain grounds.

1No return of gifts, assessment, notice, summons or other proceeding, furnished or made or issued or taken or purported to have been furnished or made or issued or taken in pursuance of any of the provisions of this Act shall be invalid or shall be deemed to be invalid merely by reason of any mistake, defect or omission in such return of gifts, assessment, notice summons or other proceeding, if such return of gifts, assessment, notice summons or other proceeding is in substance and effect in conformity with or according to the intent and purpose of this Act.

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1. Ins. by Act 41 of 1975, s. 122 (w.e.f. 1-10-1975).