TMI BlogAmendment of section 90A.X X X X Extracts X X X X X X X X Extracts X X X X ..... -section (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 the agreement referred to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 32 of the Bill seeks to amend section 90A of the Income-tax Act relating to adoption by Central Government of agreement between specified associations for double taxation relief. The existing provisions of the aforesai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... reement shall have the same meaning as assigned to it in the notification issued by the Central Government, unless the context otherwise requires and it is not inconsistent with the provisions of the Income-tax Act or the said agreement. It is proposed to insert a new sub-section (2A) in the aforesaid section 90A so as to provide that the provisions of newly inserted Chapter X-A shall apply eve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n the said agreement shall have the same meaning as assigned to it in the notification issued by the Central Government, unless the context otherwise requires and it is not inconsistent with the provisions of the Income-tax Act or the said agreement. It is proposed to insert an Explanation in the aforesaid section so as to provide that for the removal of doubts, it is hereby declared that any t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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