Entry into force of tax treaty: staggered effective dates for income and capital, and termination of prior double taxation pact. The Convention enters into force upon ratification and exchange of instruments at Colombo and, thereafter, applies in Sri Lanka to income and capital for years of assessment beginning on or after 1 April 1980; in India to capital for years beginning on or after 1 April 1980 and to income for years beginning on or after 1 April 1981. The 1956 agreement for relief or avoidance of double taxation of income is terminated as to taxes to which the present Convention applies.
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 tax treaty: staggered effective dates for income and capital, and termination of prior double taxation pact.
The Convention enters into force upon ratification and exchange of instruments at Colombo and, thereafter, applies in Sri Lanka to income and capital for years of assessment beginning on or after 1 April 1980; in India to capital for years beginning on or after 1 April 1980 and to income for years beginning on or after 1 April 1981. The 1956 agreement for relief or avoidance of double taxation of income is terminated as to taxes to which the present Convention applies.
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