Avoidance of double taxation: India-Greece treaty defines covered taxes and extends to substantially similar future taxes. The India-Greece Agreement for avoidance of double taxation designates covered taxes: in India the income-tax, super tax and surcharge under the Income-tax Act, 1961; in Greece the tax on physical persons, income-tax on legal entities and special taxes on shipping freight under the cited Greek measures. The Agreement is to be given effect in India and additionally applies to any other taxes of substantially similar character subsequently imposed in either State.
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.
Avoidance of double taxation: India-Greece treaty defines covered taxes and extends to substantially similar future taxes.
The India-Greece Agreement for avoidance of double taxation designates covered taxes: in India the income-tax, super tax and surcharge under the Income-tax Act, 1961; in Greece the tax on physical persons, income-tax on legal entities and special taxes on shipping freight under the cited Greek measures. The Agreement is to be given effect in India and additionally applies to any other taxes of substantially similar character subsequently imposed in either State.
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