Termination clause of DTAA permits either contracting state to give notice, causing treaty to cease for future income and capital. The Agreement remains in force indefinitely but either Contracting State may terminate it by written diplomatic notice after five years; termination takes ... Summary
Termination clause of DTAA permits either contracting state to give notice, causing treaty to cease for future income and capital.
The Agreement remains in force indefinitely but either Contracting State may terminate it by written diplomatic notice after five years; termination takes prospective effect with the UAE ceasing application for income from the following 1 January and for capital held at the expiry of the following calendar year, and India ceasing application for income and capital for fiscal years beginning on or after the following 1 April.
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