Termination of tax treaty: diplomatic notice by a Contracting State ends treaty application to income from subsequent fiscal years. Article 31 provides that either Contracting State may terminate the Agreement by diplomatic notice given at least six months before year-end after five years from entry into force; termination takes effect in India for income of fiscal years beginning on or after the first April following the calendar year of notice, and in Tajikistan for financial years beginning on or after the first January following that calendar year.
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Termination of tax treaty: diplomatic notice by a Contracting State ends treaty application to income from subsequent fiscal years.
Article 31 provides that either Contracting State may terminate the Agreement by diplomatic notice given at least six months before year-end after five years from entry into force; termination takes effect in India for income of fiscal years beginning on or after the first April following the calendar year of notice, and in Tajikistan for financial years beginning on or after the first January following that calendar year.
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