Taxes on income and capital: treaty defines covered taxes and requires notification of substantial tax-law changes. The Agreement treats taxes on income and on capital as including taxes on total income or capital, elements thereof, gains from alienation and capital appreciation; it applies to specified taxes in the UAE (income tax, corporation tax, wealth tax) and India (income tax including surcharge, surtax, wealth tax) and extends to any identical or substantially similar taxes with a mutual notification obligation for substantial changes in taxation laws.
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 defines covered taxes and requires notification of substantial tax-law changes.
The Agreement treats taxes on income and on capital as including taxes on total income or capital, elements thereof, gains from alienation and capital appreciation; it applies to specified taxes in the UAE (income tax, corporation tax, wealth tax) and India (income tax including surcharge, surtax, wealth tax) and extends to any identical or substantially similar taxes with a mutual notification obligation for substantial changes in taxation laws.
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