Recovery of Debts and Bankruptcy Act, 1993

Application of certain provisions of Income-tax Act.

29. The provisions of the Second and Third Schedules to the Income-tax Act, 1961 (43 of 1961) and the Income-tax (Certificate Proceedings) Rules, 1962 as in force from time to time shall, as far as possible, apply with necessary modifications as if the said provisions and the rules referred to the amount of debt due under this Act instead of to the income-tax :

Provided that any reference under the said provisions and the rules to the "assessee" shall be construed as a reference to the defendant under this Act.