Termination of tax treaty: either state may give diplomatic notice after initial term; effect varies by residence and taxable year. This Article provides the treaty's termination mechanism: either Contracting State may terminate by diplomatic notice given at least six months before the end of a calendar year after an initial five-year period. It sets residence-specific cessation rules-India: income and capital provisions apply from the previous year beginning on or after the first April following the calendar year of notice; Turkmenistan: income and capital provisions apply from the year of income beginning on or after the first January following the calendar year of notice-and confirms that three language texts are equally authentic, English being operative in case of divergence.
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Provisions expressly mentioned in the judgment/order text.
Termination of tax treaty: either state may give diplomatic notice after initial term; effect varies by residence and taxable year.
This Article provides the treaty's termination mechanism: either Contracting State may terminate by diplomatic notice given at least six months before the end of a calendar year after an initial five-year period. It sets residence-specific cessation rules-India: income and capital provisions apply from the previous year beginning on or after the first April following the calendar year of notice; Turkmenistan: income and capital provisions apply from the year of income beginning on or after the first January following the calendar year of notice-and confirms that three language texts are equally authentic, English being operative in case of divergence.
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