eCourtsIndia
IndiaCode Laws
Section39
The Finance Act, 1972

Insertion of new section 228A

In force Act 16 of 1972 As on 14 Oct 2026

Act 16 of 1972 Ministry Finance Enacted 28 May 1972

Section 39 of the Finance Act, 1972 deals with insertion of new section 228A. Insertion of new section 228A. 39. After section 228 of the Income-tax Act, the following section shall be inserted, namely: — Recovery of tax in pursuance of agreements with foreign countries. The Act was enacted on 28 May 1972.

Insertion of new section 228A.

39. After section 228 of the Income-tax Act, the following section shall be inserted, namely: —

Recovery of tax in pursuance of agreements with foreign countries.

"228A. (1) Where an agreement is entered into by the Central Government with the Government of any country outside India for recovery of income-tax under this Act and the corresponding law in force in that country and the Government of that country or any authority under that Government which is specified in this behalf in such agreement sends to the Board a certificate for the recovery of any tax due under such corresponding law from a person having any property in India, the Board may forward such certificate to any Tax Recovery Officer within whose jurisdiction such property is situated and thereupon such 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 received from an Income-tax Officer; and

(b) remit any sum so recovered by him to the Board after deducting his expenses in connection with the recovery proceedings.

(2) Notwithstanding the issue of a certificate under section 222 to the Tax Recovery Officer, where an assessee is in default or is deemed to be in default in making a payment of tax, the Income-tax Officer may, if the assessee has property in a country outside India (being a country with which the Central Government has entered into an agreement for the recovery of income-tax under this Act and the corresponding law in force in that country), forward to the Board a certificate specifying the amount of arrears due from the assessee and the Board may, take such action thereon as it may deem appropriate having regard to the terms of the agreement with such country.".

[Finance Act, 1972]

© Copyright. Taxmann Publications Pvt. Ltd.

Section 39, The Finance Act, 1972 (Act 16 of 1972).

Questions about Section 39

What does Section 39 of the Finance Act deal with?

Section 39 of the Finance Act is headed "Insertion of new section 228A". Insertion of new section 228A. 39. After section 228 of the Income-tax Act, the following section shall be inserted, namely: — Recovery of tax in pursuance of agreements with foreign countries.

How do I find court cases under Section 39 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 1972 39, section 39 Finance Act 1972, section 39 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

When was Section 39 of the Finance Act enacted?

Section 39 of the Finance Act, cited as Finance Act 1972 39, was enacted on 28 May 1972 as Act 16 of 1972. It is in force as at the date shown on this page.

Other sections of this Act

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.