https://www.taxtmi.com/acts?id=10124 The Central Government may, by notification, adopt and implement agreements between notified domestic associations and their counterparts in notified foreign territories to grant relief for income taxed both domestically and abroad, avoid double taxation, exchange information to prevent tax evasion or avoidance, and recover tax. Once such an agreement is adopted and notified for relief or avoidance, the provisions of the Income-tax Act shall apply to assessees to the extent they are more beneficial. Undefined terms take meanings assigned in the notification unless inconsistent with the Act or agreement. en-us Wed, 22 Oct 2008 17:11:36 +0530 Wed, 22 Oct 2008 17:11:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10124 The Central Government may, by notification, adopt and implement agreements between notified domestic associations and their counterparts in notified foreign territories to grant relief for income taxed both domestically and abroad, avoid double taxation, exchange information to prevent tax evasion or avoidance, and recover tax. Once such an agreement is adopted and notified for relief or avoidance, the provisions of the Income-tax Act shall apply to assessees to the extent they are more beneficial. Undefined terms take meanings assigned in the notification unless inconsistent with the Act or agreement. Act-Rules F. Acts / Amendment Acts Wed, 22 Oct 2008 17:11:36 +0530 https://www.taxtmi.com/acts?id=10124