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Termination of tax treaty permits either state to give annual diplomatic notice after the initial five-year period, affecting taxable periods. The Agreement may be terminated by either Contracting State through diplomatic written notice given on or before 30 June in any calendar year after five years from entry into force; such notice causes the Agreement to cease to apply to income and capital from specified subsequent fiscal periods: for India from the previous year beginning on or after 1 April next following the calendar year of notice, and for Uzbekistan from the year of income beginning on or after 1 January next following that calendar year.
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Provisions expressly mentioned in the judgment/order text.
Termination of tax treaty permits either state to give annual diplomatic notice after the initial five-year period, affecting taxable periods.
The Agreement may be terminated by either Contracting State through diplomatic written notice given on or before 30 June in any calendar year after five years from entry into force; such notice causes the Agreement to cease to apply to income and capital from specified subsequent fiscal periods: for India from the previous year beginning on or after 1 April next following the calendar year of notice, and for Uzbekistan from the year of income beginning on or after 1 January next following that calendar year.
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