Amendment of the Second Schedule

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..... e has been received by the Tax Recovery Officer from the Income-tax Officer", the words "When a certificate has been drawn up by the Tax Recovery Officer" shall be substituted; (4) for rule 8, the following rule shall be substituted, namely :- "8. Disposal of proceeds of execution. (1) Whenever assets are realised by sale or otherwise in execution of a certificate, the proceeds shall be disposed of in the following manner, namely :- (a) they shall first be adjusted towards the amount due under the certificate in execution of which the assets were realised and the costs inured in the course of such execution; (b) if there remains a balance after the adjustment referred to in clause (a), the same shall be utilised for satisfaction of .....

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..... fficer" wherever they occur, the words "Tax Recovery Officer" shall be substituted; (10) in rule 31, for the words "Income-tax Officer" occurring in the proviso, the words "Tay Recovery Officer" shall be substituted; (11) in rule 47, for the words "direct that such coins or notes, or a part thereof sufficient to satisfy the certificate, be paid over to the Income-tax Officer, the words and figure "direct that such coins or notes shall be credited to the Central Government and the amount so credited shall be dealt with in the manner specified in rule 8" shall be substituted; (12) in rule 59, after sub-rule (2), the following sub-rule shall be inserted, namely :- "(3) Where the Income-tax Officer referred to in sub-rule (1) is declared t .....

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..... be substituted; (19) in rule 85, for the words "If at any time after the issue of the certificate by the Income-tax Officer to the Tax Recovery Officer", the words "If at any time after the certificate is drawn up by the Tax Recovery Officer" shall be substituted; (20) in rule 86,- (a) for sub-rule (1), the following sub-rule shall be substituted, namely :- "(1) An appeal from any original order parsed by the Tax Recovery Officer under this Schedule, not being an order which is conclusive, shall lie to the Chief Commissioner or Commissioner."; (b) for sub-rule (4), the following sub-rule shall be substituted, namely :-- "(4) Notwithstanding anything contained in sub-rule (1), where a Chief Commissioner or Commissioner is authorise .....

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