Recovery of tax in pursuance of agreements with foreign countries specified territory.
227. (1) The Board may forward a certificate to any Tax Recovery Officer for recovery of any amount under the corresponding law in force in any country or specified territory outside India from a person having property in India, if such country or territory or any authority under the Government of that territory or country, has entered into an agreement with India under sub-sections (1) and (2) or sub-section (4) of section 291, as the case may be, for the purposes specified in clause (d) of sub-section (1) of section 291.
(2) On receipt of the certificate under sub-section (1) from the Board, the Tax Recovery Officer shall —
(a) proceed to recover the amount specified in the certificate in the manner in which he would proceed to recover the amount specified in a certificate under section 219; and
(b) remit any sum so recovered by him to the Board after deducting his expenses in connection with the recovery proceedings.
(3) The Tax Recovery Officer may, in a case where an assessee has property in a specified territory outside India, forward a certificate to the Board for recovery of the tax arrears from the assessee, if the Central Government or any specified association in India has entered into an agreement with that country or territory under sub-sections (1), (2) or subsection (4) of section 291, as the case may be, for the purposes specified in clause (d) of subsection (1) of section 291.
(4) On receipt of the certificate under sub-section (3) from the Tax Recovery Officer, the Board may take such action thereon as it may deem appropriate having regard to the terms of the agreement with such country or a specified territory.
