Taxes on income and capital defined as covered by the treaty, including future similar taxes with annual notification. Article 2 defines the scope of the Agreement as applying to taxes on income and on capital imposed on behalf of each Contracting State, including taxes on total income or capital, elements of income or capital, and gains from alienation of property. It lists existing covered taxes in each State-Canada's Income-tax Act and India's income-tax (including surcharge) and wealth-tax-and extends the Agreement to identical or substantially similar taxes enacted later. The Article further requires annual notification between the States of significant changes to the taxation laws covered by the Agreement.
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 defined as covered by the treaty, including future similar taxes with annual notification.
Article 2 defines the scope of the Agreement as applying to taxes on income and on capital imposed on behalf of each Contracting State, including taxes on total income or capital, elements of income or capital, and gains from alienation of property. It lists existing covered taxes in each State-Canada's Income-tax Act and India's income-tax (including surcharge) and wealth-tax-and extends the Agreement to identical or substantially similar taxes enacted later. The Article further requires annual notification between the States of significant changes to the taxation laws covered by the Agreement.
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