Entry into force: treaty takes effect after mutual notifications and applies prospectively to specified tax periods. The Agreement enters into force upon mutual diplomatic notifications when each State completes required domestic procedures; its effect is prospective, applying in India to income in fiscal years beginning on or after the first April following the calendar year of entry into force, and in Indonesia to withholding taxes for amounts paid or credited on or after the first January following entry into force and to other taxes for tax years commencing on or after that first January. The earlier bilateral taxation agreement ceases when the new Agreement becomes effective.
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.
Entry into force: treaty takes effect after mutual notifications and applies prospectively to specified tax periods.
The Agreement enters into force upon mutual diplomatic notifications when each State completes required domestic procedures; its effect is prospective, applying in India to income in fiscal years beginning on or after the first April following the calendar year of entry into force, and in Indonesia to withholding taxes for amounts paid or credited on or after the first January following entry into force and to other taxes for tax years commencing on or after that first January. The earlier bilateral taxation agreement ceases when the new Agreement becomes effective.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
