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Rule 44G of Income Tax Rules 1962: Application for giving effect to the terms of any agreement-Sec 295(2)(h)

Rule 44G : Application for giving effect to the terms of any agreement under clause (h) of sub-section (2) of section 295
(Part IX-C : Mutual Agreement Procedure)

Where a resident assessee is aggrieved by any action of the tax authorities of any country outside India for the reason that, according to him, such action is not in accordance with the terms of agreement with such other country outside India, he may make an application to the Competent Authority in India seeking to invoke the mutual agreement procedure, if any, provided therein, in terms of Form No. 34F.

Extra Notes for Readers:

- Rule 44G was introduced by the Income Tax (2nd Amendment) Rules, 2003, w.e.f. 6th Feb. 2003 and later modified by Notification No. 39/2003 (F. No. 480/3/2002-FTD) dated 26th Feb. 2003

Reference/Source: Check at Income Tax site for latest version of the Rules - link

This page was last updated on 17th October 2016.

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