Article 29 - Termination

Termination clause allows treaty withdrawal after five years; notice triggers deferred application cut off for subsequent tax years.

The Agreement permits either Contracting State to terminate the treaty after five years by written notice through the diplomatic channel given on or before 30 June; a valid notice makes the treaty cease to apply for Australia to withholding tax on income derived on or after 1 July in the calendar year following notice and to other Australian tax for years of income beginning on or after that 1 July, and for India to income, profits or gains arising in any year of income beginning on or after 1 April in the calendar year following notice.