Termination of tax treaty requires diplomatic written notice and sets future fiscal-year effective dates for affected taxpayers. The Convention may be terminated by either Contracting State by diplomatic written notice given at least six months before year-end after five years of entry into force; termination is prospective and takes effect for India from the fiscal year beginning 1 April next following the calendar year of notice and for Hungary from the fiscal year beginning 1 January next following the calendar year of notice.
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 diplomatic written notice and sets future fiscal-year effective dates for affected taxpayers.
The Convention may be terminated by either Contracting State by diplomatic written notice given at least six months before year-end after five years of entry into force; termination is prospective and takes effect for India from the fiscal year beginning 1 April next following the calendar year of notice and for Hungary from the fiscal year beginning 1 January next following the calendar year of notice.
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