Termination of tax treaty ends treaty benefits, affecting withholding tax and other income taxes for subsequent tax periods. Termination of the India-Russia tax treaty requires diplomatic notice after five years, given at least six months before year end. The treaty's cessation is phased: in Russia it stops applying to source withheld taxes for income arising from the calendar year following the notice year and to other income taxes for fiscal years beginning then; in India it ceases to apply to income arising in any fiscal year beginning on or after the fiscal year that follows the calendar year in which notice is given.
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 ends treaty benefits, affecting withholding tax and other income taxes for subsequent tax periods.
Termination of the India-Russia tax treaty requires diplomatic notice after five years, given at least six months before year end. The treaty's cessation is phased: in Russia it stops applying to source withheld taxes for income arising from the calendar year following the notice year and to other income taxes for fiscal years beginning then; in India it ceases to apply to income arising in any fiscal year beginning on or after the fiscal year that follows the calendar year in which notice is given.
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