Wealth-tax Act : Agreement for avoidance or relief of double taxation with respect towealth-tax.

Wealth-tax Act,1957

Act No : 27

Section : Agreement for avoidance or relief of double taxation with respect towealth-tax.

44A. Agreement for avoidance or relief of double taxation with respect to wealth-tax. The Central Government may enter into any agreement with the Government of any reciprocating country for the avoidance or relief of double taxation with respect to wealth-tax payable under this Act and under the corresponding law in force in the reciprocating country and may, by notification in the Official Gazette, make such provision as may be necessary for implementing the agreement. Explanation.--The expression "reciprocating country" for the purposes of this Act means any country which the Central Government may, by notification in the Official Gazette, declare to be a reciprocating country.