Entry into force of tax treaty sets when it applies to UK and India tax periods and preserves prior relief. Each Contracting State must notify the other when domestic procedures for bringing the Convention into force are complete; the Convention enters into force on the later notification and applies to specified UK tax periods (income-tax and capital gains tax, corporation tax, petroleum revenue tax) and to India for the fiscal year beginning after that notification. The 1981 Convention terminates on entry into force, but any earlier provisions giving greater tax relief continue to apply for tax years or fiscal years beginning before the new Convention's effective date.
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 sets when it applies to UK and India tax periods and preserves prior relief.
Each Contracting State must notify the other when domestic procedures for bringing the Convention into force are complete; the Convention enters into force on the later notification and applies to specified UK tax periods (income-tax and capital gains tax, corporation tax, petroleum revenue tax) and to India for the fiscal year beginning after that notification. The 1981 Convention terminates on entry into force, but any earlier provisions giving greater tax relief continue to apply for tax years or fiscal years beginning before the new Convention's effective date.
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