https://www.taxtmi.com/acts?id=10549 The substituted section empowers the Central Government to enter into agreements with foreign countries and notified specified territories for relief of double taxation, avoidance of double taxation, exchange of information to prevent or investigate tax evasion or avoidance, and recovery of tax, and to implement such agreements by notification; undefined terms may take meanings assigned in such notifications, the Act's provisions apply to the assessee when more beneficial, and a higher tax on a foreign company than on a domestic company is not treated as a less favourable levy. en-us Tue, 07 Jul 2009 15:58:48 +0530 Tue, 07 Jul 2009 15:58:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10549 The substituted section empowers the Central Government to enter into agreements with foreign countries and notified specified territories for relief of double taxation, avoidance of double taxation, exchange of information to prevent or investigate tax evasion or avoidance, and recovery of tax, and to implement such agreements by notification; undefined terms may take meanings assigned in such notifications, the Act's provisions apply to the assessee when more beneficial, and a higher tax on a foreign company than on a domestic company is not treated as a less favourable levy. Act-Rules Bills Tue, 07 Jul 2009 15:58:48 +0530 https://www.taxtmi.com/acts?id=10549