Amendment of section 90.

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..... ction (2), the provisions of Chapter X-A of the Act shall apply to the assessee, even if such provisions are not beneficial to him. ; (b) after sub-section (3) and before Explanation 1, the following sub-section shall be inserted with effect from the 1st day of April, 2013, namely: (4) An assessee, not being a resident, to whom an agreement referred to in s .....

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..... cation issued under sub-section (3) and the notification issued thereunder being in force, then, the meaning assigned to such term shall be deemed to have effect from the date on which the said agreement came into force. ; - Clause 31 of the Bill seeks to amend section 90 of the Income-tax Act relating to agreement with foreign countries or specified territories. The existing provisions of .....

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..... India or specified territory outside India, as the case may be, is obtained by him from the Government of that country or specified territory. These amendments will take effect from 1st April, 2013 and will, accordingly, apply in relation to assessment year 2013-2014 and subsequent assessment years. The existing sub-section (3) of the aforesaid section provides that any term used but not de .....

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