Termination of tax treaty: diplomatic written notice ends treaty applicability for future fiscal years with state-specific effective dates. Article 31 permits either Contracting State to terminate the double taxation agreement by written notice through diplomatic channels on or before 30 June in any calendar year after five years from entry into force; the Agreement then ceases prospectively-India for fiscal years beginning on or after 1 April following the calendar year of notice and Cyprus for fiscal years beginning on or after 1 January following the calendar year of notice-with like treatment for capital held at the expiry of the relevant fiscal years.
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 tax treaty: diplomatic written notice ends treaty applicability for future fiscal years with state-specific effective dates.
Article 31 permits either Contracting State to terminate the double taxation agreement by written notice through diplomatic channels on or before 30 June in any calendar year after five years from entry into force; the Agreement then ceases prospectively-India for fiscal years beginning on or after 1 April following the calendar year of notice and Cyprus for fiscal years beginning on or after 1 January following the calendar year of notice-with like treatment for capital held at the expiry of the relevant fiscal years.
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