Consider the following statement about the Double Taxation Avoidance Agreements (DTAAs):

1. Double Taxation Avoidance Agreement is a treaty signed between two countries, which, through the elimination of international double taxation, promotes the exchange of goods, services, and investment of capital between the two countries.

2. Sections 90 and 91 under the Income Tax Act 1961 offer specific relief to taxpayers to avoid double taxation.

Which of the above statement/s is/are correct?