(Last Updated On: April 20, 2018)

Section 121 of Finance Act 2018

[Section 121 of Finance Act 2018 deals with Amendment of section 5 and is covered in CHAPTER VIII MISCELLANEOUS]

Amendment of section 5

121. In section 5 of the principal Act,—

(i)		for the words “But nothing”, the word “Nothing” shall be substituted;
(ii)		for the words “And any creditor”, the words “Every creditor” shall be substituted;
(iii)		for the words “if the latter had obtained”, the words “if that person had obtained” shall be substituted.

Section 121 of Finance Act 2018 : Amendment of section 5