Termination of tax treaty allows either state to give notice after five years, causing cessation for specified taxable periods. Article 32 permits either Contracting State to terminate the Convention by written notice through diplomatic channels given on or before 30 June of any calendar year after five years from entry into force; on such notice the Convention ceases to apply in India for income of previous years beginning on or after 1 April next following the calendar year of notice, and in Romania for income of calendar years beginning on or after 1 January next following the calendar year of notice.
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 allows either state to give notice after five years, causing cessation for specified taxable periods.
Article 32 permits either Contracting State to terminate the Convention by written notice through diplomatic channels given on or before 30 June of any calendar year after five years from entry into force; on such notice the Convention ceases to apply in India for income of previous years beginning on or after 1 April next following the calendar year of notice, and in Romania for income of calendar years beginning on or after 1 January next following the calendar year of notice.
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