Termination of tax treaty: either party may give diplomatic notice after initial term; treaty ceases for subsequent fiscal years. The Convention remains in force until terminated by diplomatic notice given by either Contracting Party after an initial five year period and at least six months before the end of a calendar year. Following valid notice, the Convention ceases in the Netherlands for taxable years and periods beginning on or after the first January following the calendar year of notice, and in India for income arising in fiscal years beginning on or after the first April following that calendar year.
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Provisions expressly mentioned in the judgment/order text.
Termination of tax treaty: either party may give diplomatic notice after initial term; treaty ceases for subsequent fiscal years.
The Convention remains in force until terminated by diplomatic notice given by either Contracting Party after an initial five year period and at least six months before the end of a calendar year. Following valid notice, the Convention ceases in the Netherlands for taxable years and periods beginning on or after the first January following the calendar year of notice, and in India for income arising in fiscal years beginning on or after the first April following that calendar year.
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