Termination of Tax Treaty requires written diplomatic notice after the initial term and sets differing effective dates for taxes. The Agreement may be terminated by either Contracting State by written diplomatic notice after five years, given at least six months before a calendar year end. Termination operates prospectively: in India it affects withheld taxes on income from the first April following the notice year and other taxes for fiscal years beginning on or after that April first; in Lithuania it affects withheld taxes on income from the first January in the calendar year after the notice and other taxes for fiscal years beginning on or after that January first.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Termination of Tax Treaty requires written diplomatic notice after the initial term and sets differing effective dates for taxes.
The Agreement may be terminated by either Contracting State by written diplomatic notice after five years, given at least six months before a calendar year end. Termination operates prospectively: in India it affects withheld taxes on income from the first April following the notice year and other taxes for fiscal years beginning on or after that April first; in Lithuania it affects withheld taxes on income from the first January in the calendar year after the notice and other taxes for fiscal years beginning on or after that January first.
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