Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Section 44A Wealth Tax Act allows India to form pacts with foreign nations to prevent double taxation and tax evasion.</h1> Section 44A of the Wealth Tax Act, 1957, permits the Central Government to establish agreements with foreign governments to prevent or alleviate double taxation concerning wealth-tax. These agreements can facilitate the exchange of information to prevent tax evasion, investigate such cases, and enable tax recovery under corresponding laws. The term 'reciprocating country' refers to any nation or territory outside India, as designated by the Central Government through official notifications. The provisions were amended in 1964 and 1972, with further modifications in 2009 to expand the scope of reciprocating countries.