Agreement with foreign countries or specified territory

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..... r wealth-tax, as the case may be, has been paid both under this Code and under the corresponding law in force in that country; or (ii) income-tax or wealth-tax chargeable under this Code and under the corresponding law in force in that country to promote mutual economic relations, trade and investment; (b) for the avoidance of double taxation of income or wealth under this Code and under the corre .....

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..... be necessary for implementing the agreements referred to in sub-sections (1) and (2). (4) Any specified association in India may enter into an agreement with any specified association in the specified territory outside India for the purposes of sub-section (1) and the Central Government may by notification make such provisions as may be necessary for adopting and implementing such agreement. (5) A .....

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..... or the Agreement, have the meaning assigned to it in the notification issued by the Central Government. (8) Where the Central Government has entered into an agreement under sub-section (1) or sub-section (2), or has adopted an agreement entered into by the specified association under sub-section (4), as the case may be, then the provisions of this Code shall apply in relation to the assessee to w .....

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