Taxes on income and capital: treaty covers specified and substantially similar taxes and requires mutual notification. The Convention applies to taxes on income and on capital imposed by a Contracting State or its subdivisions, including taxes on total income or capital and on elements such as gains from alienation, wages or salaries, and capital appreciation. It lists applicable existing taxes in India (income-tax and wealth-tax) and the Czech Republic (income taxes for individuals and legal persons, and tax on immovable property), and extends coverage to identical or substantially similar taxes enacted later, with a mutual notification obligation for significant tax-law changes.
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.
Taxes on income and capital: treaty covers specified and substantially similar taxes and requires mutual notification.
The Convention applies to taxes on income and on capital imposed by a Contracting State or its subdivisions, including taxes on total income or capital and on elements such as gains from alienation, wages or salaries, and capital appreciation. It lists applicable existing taxes in India (income-tax and wealth-tax) and the Czech Republic (income taxes for individuals and legal persons, and tax on immovable property), and extends coverage to identical or substantially similar taxes enacted later, with a mutual notification obligation for significant tax-law changes.
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