Section 29 of the Recovery of Debts and Bankruptcy Act, 1993 deals with:
Section 29 is headed "Application of certain provisions of Income-tax Act": the recovery provisions in the Second and Third Schedules to the Income-tax Act apply, with…
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Section 29 of the Recovery of Debts and Bankruptcy Act, 1993 deals with:
Answer and explanation
Correct answer A
Section 29 is headed "Application of certain provisions of Income-tax Act": the recovery provisions in the Second and Third Schedules to the Income-tax Act apply, with necessary modifications, to debts due under this Act. Appeals against the Recovery Officer's order lie under section 30, validity of a certificate is section 26, and other modes of recovery are in section 28.