Insertion of new section 24A in Act 7 of 1964
Section 22 of the Finance Act, 1965 deals with insertion of new section 24A in Act 7 of 1964. Insertion of new section 24A in Act 7 of 1964 22.
Insertion of new section 24A in Act 7 of 1964
22. After section 24 of the Companies (Profits) Surtax Act, 1964, the following section shall be inserted, namely:-
Agreement with foreign countries
"24A. The Central Government may enter into an agreement-
(a) with the Government of any country outside India for the granting of relief in respect of chargeable profits on which have been paid both surtax under this Act and tax of a similar character or income-tax on such profits in that country, or
(b) with the Government of any country outside India for the avoidance of double taxation of chargeable profits under this Act and under any law relating to the taxation of income or profits in force in that country.".
[Finance (No.
2) Act, 1965]
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Section 22, The Finance Act, 1965 (Act 15 of 1965).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Referred to by 1
Questions about Section 22
What does Section 22 of the Finance Act deal with?
Section 22 of the Finance Act is headed "Insertion of new section 24A in Act 7 of 1964". Insertion of new section 24A in Act 7 of 1964 22.
How do I find court cases under Section 22 of the Finance Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 1965 22, section 22 Finance Act 1965, section 22 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 22 of the Finance Act, and has it changed?
Its own text turns on Companies (Profits) Surtax Act 24 (Power to make exemption, etc., in relation to certain Union territories), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
When was the Finance Act enacted?
Finance Act was enacted in 1965 as Act 15 of 1965. India Code records no commencement date for it. It is in force as at the date shown on this page.
Other sections of this Act
- 24. Voluntary disclosure of income2329 words
- 3. Amendment of section 10702 words
- 20. Amendment of Act 27 of 1957579 words
- 17. Amendment of section 280ZC336 words
- 11. Insertion of new section 112A266 words
- 5. Amendment of section 33233 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument. This page is not a substitute for legal advice.