Termination of tax treaty: six months' notice required; differing post-notice effect dates for withholding and other taxes. Article 32 permits either Contracting State to terminate the DTAA by written diplomatic notice given at least six months before year-end after five years in force; it prescribes that, after notice, India's treaty relief ends for withholding taxes on income from the first April following the calendar year of notice and for other income and capital taxes for fiscal years beginning on or after that April first, while Lithuania's treaty relief ends for withholding taxes from the first January in the calendar year following notice and for other income and capital taxes for fiscal years beginning on or after that January first.
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: six months' notice required; differing post-notice effect dates for withholding and other taxes.
Article 32 permits either Contracting State to terminate the DTAA by written diplomatic notice given at least six months before year-end after five years in force; it prescribes that, after notice, India's treaty relief ends for withholding taxes on income from the first April following the calendar year of notice and for other income and capital taxes for fiscal years beginning on or after that April first, while Lithuania's treaty relief ends for withholding taxes from the first January in the calendar year following notice and for other income and capital taxes for fiscal years beginning on or after that January first.
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