Entry into force: new DTAA applies after diplomatic notification, setting staggered effective dates for income, capital and wealth taxes. Entry into force requires reciprocal written notification through diplomatic channels; the Convention enters into force thirty days after receipt of the later notification. In India the Convention applies to income for fiscal years beginning on or after the first April following the calendar year of entry and to capital held on the last day of such fiscal years. In Sweden it applies to income derived on or after the first January of the year following entry and to net wealth tax assessed on or after the second calendar year following entry. The 1988 Convention terminates when the new Convention and protocol come into force and its provisions cease when corresponding provisions of the new Convention first take effect.
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: new DTAA applies after diplomatic notification, setting staggered effective dates for income, capital and wealth taxes.
Entry into force requires reciprocal written notification through diplomatic channels; the Convention enters into force thirty days after receipt of the later notification. In India the Convention applies to income for fiscal years beginning on or after the first April following the calendar year of entry and to capital held on the last day of such fiscal years. In Sweden it applies to income derived on or after the first January of the year following entry and to net wealth tax assessed on or after the second calendar year following entry. The 1988 Convention terminates when the new Convention and protocol come into force and its provisions cease when corresponding provisions of the new Convention first take effect.
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