Termination of double taxation agreement: notice ends treaty effect for subsequent fiscal and calendar year taxes and capital holdings. Written diplomatic notice given at least six months before year-end terminates the India-Sweden DTAA: in India the convention ceases to apply to income arising in fiscal years beginning on or after the first April following the calendar year of notice and to capital held on the last day of any such fiscal year; in Sweden it ceases for income derived on or after the first January of the year following the six-month period and for net wealth tax assessed in or after the second calendar year following that period. English text is operative where texts diverge.
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Termination of double taxation agreement: notice ends treaty effect for subsequent fiscal and calendar year taxes and capital holdings.
Written diplomatic notice given at least six months before year-end terminates the India-Sweden DTAA: in India the convention ceases to apply to income arising in fiscal years beginning on or after the first April following the calendar year of notice and to capital held on the last day of any such fiscal year; in Sweden it ceases for income derived on or after the first January of the year following the six-month period and for net wealth tax assessed in or after the second calendar year following that period. English text is operative where texts diverge.
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