Section 30. Gift-tax to be charged on property gifted

CHAPTER VII PAYMENT AND RECOVERY OF GIFT-TAX 4[29. Gift-tax by whom payable. — Subject to the provisions of this Act, gift-tax shall be payable by the donor but when in the opinion of the[5] [Assessing Officer] the tax cannot be recovered from the donor, it may be recovered from the donee: Provided that where the donees are more than one, they shall be jointly and severally liable for the amount of tax determined to be payable by the donor: Provided further that the amount of tax which may be recovered from each donee shall not exceed the value of the gift made to him as on the date of the gift.] 30. Gift-tax to be charged on property gifted. — Gift-tax payable in respect of any gift comprising immovable property shall be a first charge on that property but any such charge shall not affect the title of a bona fide purchaser for valuable consideration without notice of the charge. 6 [ 31 Notice of demand. — When any tax, interest, penalty, fine or any other sum is payable in consequence of any order passed under this Act, the[5] [Assessing Officer] shall serve upon the assessee a notice of demand in the prescribed form specifying the sum so payable.]