Pensions taxation under DTAA: residence taxation with specific source-state exceptions for compulsory and government-funded pensions. Pensions and similar remuneration for past employment are taxable only in the recipient's State of residence; however, pensions paid under Hungary's compulsory pension system to Indian residents are taxable only in Hungary, and pensions paid by or from funds created by India or its political subdivisions or local authorities to Hungarian residents are taxable only in India.
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.
Pensions taxation under DTAA: residence taxation with specific source-state exceptions for compulsory and government-funded pensions.
Pensions and similar remuneration for past employment are taxable only in the recipient's State of residence; however, pensions paid under Hungary's compulsory pension system to Indian residents are taxable only in Hungary, and pensions paid by or from funds created by India or its political subdivisions or local authorities to Hungarian residents are taxable only in India.
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