Recovery by suit or under other law not affected - Section 421 ( New) / Section 232 (Old)

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Full Text of the Document

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....ot affect any other law for the time being in force relating to the recovery of debts due to the Government. Section 421(b) - Recovery by Suit The Government's right to institute a suit for recovery of arrears due from the assessee is preserved. Comparative Analysis: Section 232 (Income-tax Act, 1961) vs. Section 421 (Income-tax Act, 2025) Particulars Section 232 - Income-tax ....