645/CBDT. - Income Tax - 645/CBDT

INSTRUCTION NO. 645/CBDT Dated : January 23, 1974 Section(s) Referred: 91 , 2nd Schedule of IT Act Statute: Income - Tax Act, 1961 For the assessment year 1972-73 and subsequent assessment years, the income liable to tax in India-Pakistan or India-Bangladesh will not be governed by the provisions of the D.T.A. Agreement with Pakistan as DTA agreement with Pakistan has ceased to exist. In view of the above position for the assessment year 1972-73 and subsequent assessment years, a person 'resident' in India and liable to tax under the tax laws of both India and Bangladesh/Pakistan will be entitled to relief from double taxation only in accordance with the provisions of section 91 of the Income-tax Act, 1961. In regard to assessments prior to the assessment year 1972-73 (including re-opened assessments), the provisions of the D.T.A Agreement with Pakistan would continue to apply in relation to the present Pakistan as well as the erstwhile territory of East Pakistan now known as Bangladesh.