Section 39 - Amendment of section 90 - Finance (No. 2) Act, 1991

39. Amendment of section 90. Section 90 of the Income-tax Act shall be renumbered and shall be deemed to have been renumbered as sub-section (1) thereof, and after sub-section (1) as so renumbered, the following sub-section shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 1972, namely:- (2) Where the Central Government has entered into an agreement with the Government of any country outside India under sub-section (1) for granting relief of tax, or as the case may be, avoidance of double taxation, then, in relation to the assessee to whom such agreement applies, the provisions of this Act shall apply to the extent they are more beneficial to that assessee. .