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<h1>Income-tax Act Section 131 Amended: New Powers for Authorities to Investigate Agreements Under Sections 90, 90A.</h1> Section 131 of the Income-tax Act was amended by the Finance Act, 2011, effective June 1, 2011. A new sub-section (2) was added, allowing income-tax authorities, not below the rank of Assistant Commissioner, to conduct inquiries or investigations related to agreements under sections 90 or 90A, even if no proceedings are pending. Additionally, sub-section (3) was modified to include references to the new sub-section (2), expanding the scope of powers for income-tax authorities in such matters.