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Finance Act 1972 Section 23

Title: Substitution of New Section for Section 90

State: Central

Year: 1972

For section 90 of the Income-tax Act, the following section shall be substituted, namely :- "90. Agreement with foreign countries. - The Central Government may enter into an agreement with the Government of any country outside India - (a) for the granting of relief in respect of income on which have been paid both income-tax under this Act and income-tax in that country, or (b) for the avoidance of double taxation of income under this Act and under the corresponding law in force in that country, or (c) for exchange of information for the prevention of evasion or avoidance of income-tax chargeable under this Act or under the corresponding law in force in that country, or investigation of cases of such evasion or avoidance, or (d) for recovery of income-tax under this Act and under the corresponding law in force in that country, and may, by notification in the Official Gazette, make such provisions as may be necessary for implementing the agreement.".

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Finance (No. 2) Act, 2004 Section 24

Title: Amendment of Section 90

State: Central

Year: 2004

In section 90 of the Income-tax Act, in the Explanation, the words and brackets", where such foreign company has not made the prescribed arrangement for declaration and payment within India, of the dividends (including dividends on preference shares) payable out of its income in India" shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 1962.

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Finance Act 2001 Section 48

Title: Amendment of Section 90

State: Central

Year: 2001

In section 90 of Income-tax Act, the following Explanation shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 1962, namely :- "Explanation.- For the removal of doubts, it is hereby declared that the charge of tax in respect of a foreign company at a rate higher than the rate at which a domestic company is chargeable, shall not be regarded as less favourable charge or levy of tax in respect of such foreign company, where such foreign company has not made the prescribed arrangement for declaration and payment within India, of the dividends (including dividends on preference shares) payable out of its income in India."

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Finance Act 1965 Section 27

Title: Amendment of Section 90

State: Central

Year: 1965

In section 90 of the Income tax Act, in clause (a), the brackets and words "(including super tax)" shall be omitted.

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Finance (No. 2) Act 2009 Section 40

Title: Substitution of New Section for Section 90

State: Central

Year: 2009

For section 90 of the Income-tax Act, the following section shall be substituted with effect from the 1st day of October, 2009, namely :-- '90. Agreement with foreign countries or specified territories.-- (1) The Central Government may enter into an agreement with the Government of any country outside India or specified territory outside India,-- (a) for the granting of relief in respect of-- (i) income on which have been paid both income-tax under this Act and income-tax in that country or specified territory, as the case may be, or (ii) income-tax chargeable under this Act and under the corresponding law in force in that country or specified territory, as the case may be, to promote mutual economic relations, trade and investment, or (b) for the avoidance of double taxation of income under this Act and under the corresponding law in force in that country or specified territory, as the case may be, or (c) for exchange of information for the prevention of evasion or avoidance of income-tax chargeable under this Act or under the corresponding law in force in that country or specified territory, as the case may be, or investigation of cases of such evasion or.....

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Information Technology (Amendment) Act 2008 Section 47

Title: Amendment of Section 90

State: Central

Year: 2008

In section 90 of the principal Act, in sub-section (2), clause (c) shall be omitted.

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Wakf (Amendment) Act, 2013, (Central) Section 48

Title: Amendment of Section 90

State: Central

Year: 2013

In section 90 of the principal Act, in sub-section (3), for the words "one month", the words "six months" shall be substituted.

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Patents (Amendment) Act, 2005 Section 53

Title: Amendment of Section 90

State: Central

Year: 2005

In section 90 of the principal Act, in sub-section (1), for clause (vii), the following shall be substituted, namely: - "(vii) that in the case of semi-conductor technology, the licence granted is to work the invention for public non-commercial use or to remedy a practice determined after judicial or administrative process to be anti-competitive; (viii) that the licence is granted with a predominant purpose of supplying in the Indian market: Provided that the licensee may also export the patented product in accordance with section 92A: Provided further that in case the licence is granted to remedy a practice determined after judicial or administrative process to be anti-competitive, the licensee shall be permitted to export the patented product.".

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Finance Act, 2003 Section 49

Title: Amendment of Section 90

State: Central

Year: 2003

In section 90 of the Income-tax Act, with effect from the 1st day of April, 2004,-- (i) in sub-section (1), for clause (a), the following clause shall be substituted, namely:-- "(a) for the granting of relief in respect of-- (i) income on which have been paid both income-tax under this Act and income-tax in that country; or (ii) income-tax chargeable under this Act and under the corresponding law in force in that country to promote mutual economic relations, trade and investment, or"; (ii) after sub-section (2) and before the Explanation, the following sub-section shall be inserted, namely:- "(3) Any term used but not defined in this Act or in the agreement referred to in sub-section (1) shall, unless the context otherwise requires, and is not inconsistent with the provisions of this Act or the agreement, have the same meaning as assigned to it in the notification issued by the Central Government in the Official Gazette in this behalf.".

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Finance Act, 2012, (Central) Section 31

Title: Amendment of Section 90

State: Central

Year: 2012

In section 90 of the Income-tax Act,-- (a) after sub-section (2), the following sub-section shall be inserted with effect from the 1st day of April, 2013, namely:-- "(2A) Notwithstanding anything contained in sub-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 an agreement referred to in sub-section (1) applies, shall not be entitled to claim any relief under such agreement unless a certificate, containing such particulars as may be prescribed, of his being a resident in any country outside India or specified territory outside India, as the case may be, is obtained by him from the Government of that country or specified territory."; (c) after Explanation 2, the following Explanation shall be inserted and shall be deemed to have been inserted with effect from the 1st day of October, 2009, namely:-- "Explanation 3.--For the removal of doubts, it is hereby declared that where any term is.....

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