Entry into force clarifies notifications and staggered effective dates affecting taxable periods under the India Malta tax agreement. The Agreement enters into force when the Contracting States exchange written diplomatic notifications of completed domestic procedures; it takes effect on the later notification. It applies in India to income for fiscal years beginning on or after the first April following the calendar year of entry into force, and in Malta to taxes on income for calendar years or accounting periods beginning on or after the first January immediately following entry into force. The 1994 India-Malta tax agreement terminates when the new Agreement's provisions commence to have effect.
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Provisions expressly mentioned in the judgment/order text.
Entry into force clarifies notifications and staggered effective dates affecting taxable periods under the India Malta tax agreement.
The Agreement enters into force when the Contracting States exchange written diplomatic notifications of completed domestic procedures; it takes effect on the later notification. It applies in India to income for fiscal years beginning on or after the first April following the calendar year of entry into force, and in Malta to taxes on income for calendar years or accounting periods beginning on or after the first January immediately following entry into force. The 1994 India-Malta tax agreement terminates when the new Agreement's provisions commence to have effect.
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