Clause 221 - Recovery of tax in pursuance of agreements with foreign countries - Direct Taxes Code Bill, 2009

Recovery of tax in pursuance of agreements with foreign countries 221. (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 outside India from a person having property in India, if such country, or any authority under the Government of that country, has entered into an agreement with India under subsection (1) of section 258 for the purposes specified in clause (d) thereof. (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 215; 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 country outside India, forward a certificate to the Board for recovery of the tax arrears from the assessee, if the Central Government has entered into an agreement with that country under sub-section (1) of section 258 for the purposes specified in clause (d) thereof. (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.