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        IBC

        Section 247 - Amendments of Act 43 of 1961.

        Insolvency and Bankruptcy Code, 2016
        Part V
        MISCELLENEOUS

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        Income-tax Act amendment to implement Third Schedule changes for insolvency law alignment, effective by official commencement notice. Section 247 directs amendment of the Income-tax Act, 1961 in the manner specified in the Third Schedule to implement changes necessary in consequence of the Insolvency and Bankruptcy Code, 2016; the amendments came into force on 01-11-2016 by official notification.
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                      Provisions expressly mentioned in the judgment/order text.

                          Income-tax Act amendment to implement Third Schedule changes for insolvency law alignment, effective by official commencement notice.

                          Section 247 directs amendment of the Income-tax Act, 1961 in the manner specified in the Third Schedule to implement changes necessary in consequence of the Insolvency and Bankruptcy Code, 2016; the amendments came into force on 01-11-2016 by official notification.


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