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<h1>Serbia and India Agreement on Double Taxation: Income and Capital Gains from Property Taxable in Both Countries.</h1> The Protocol forms part of the Convention between Serbia and Montenegro's Council of Ministers and the Government of India for avoiding double taxation on income and capital. It specifies that income from immovable property and capital gains from the sale of immovable property may be taxed in both countries. The agreement was signed in New Delhi on February 8, 2006, in Serbian, Hindi, and English, with the English text prevailing in case of interpretation discrepancies. The signatories were authorized representatives from both governments.