Entry into force of the tax treaty triggers staged application to income and capital and terminates the prior tax agreement. Article 30 requires mutual notification of completion of internal procedures and makes the Convention enter into force on the first day of the second month after the later notification. It establishes staged application: in India, to income arising and capital held in fiscal years beginning on or after the first fiscal year start following the year of entry into force; in France, to income for calendar years or accounting periods and to capital owned on the first day of such calendar years following the year of entry into force. It terminates the prior 1969 Agreement when corresponding provisions of this Convention take effect.
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.
Entry into force of the tax treaty triggers staged application to income and capital and terminates the prior tax agreement.
Article 30 requires mutual notification of completion of internal procedures and makes the Convention enter into force on the first day of the second month after the later notification. It establishes staged application: in India, to income arising and capital held in fiscal years beginning on or after the first fiscal year start following the year of entry into force; in France, to income for calendar years or accounting periods and to capital owned on the first day of such calendar years following the year of entry into force. It terminates the prior 1969 Agreement when corresponding provisions of this Convention take effect.
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