Termination of the tax convention: diplomatic notice after ten years triggers prospective cessation tied to each State's tax year. This provision governs termination of the double taxation convention: either Contracting State may terminate by diplomatic notice given at least six months before year-end after ten years in force. Termination is prospective and tied to each State's tax year or chargeable period-UK cessation dates differ by tax type (income and capital gains tax, corporation tax, petroleum revenue tax) and India's cessation applies to income arising in the fiscal year beginning 1 April 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 the tax convention: diplomatic notice after ten years triggers prospective cessation tied to each State's tax year.
This provision governs termination of the double taxation convention: either Contracting State may terminate by diplomatic notice given at least six months before year-end after ten years in force. Termination is prospective and tied to each State's tax year or chargeable period-UK cessation dates differ by tax type (income and capital gains tax, corporation tax, petroleum revenue tax) and India's cessation applies to income arising in the fiscal year beginning 1 April following the calendar year of notice.
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