Exchange of tax information empowers cross-border assistance with confidentiality and procedural safeguards under the India-Bermuda Agreement. The notification gives effect under section 90 to the India-Bermuda Agreement for the exchange of information on taxes, applying immediately to criminal tax matters and to other covered matters from the date of entry into force for taxable periods beginning on or after that date. The Agreement mandates exchange of relevant information upon request, defines covered taxes and key terms, requires use of available information-gathering measures subject to proportionality, prescribes procedural content of requests and response obligations, permits limited grounds for refusal, mandates confidentiality, addresses costs, and provides for mutual agreement procedure and termination.
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.
Exchange of tax information empowers cross-border assistance with confidentiality and procedural safeguards under the India-Bermuda Agreement.
The notification gives effect under section 90 to the India-Bermuda Agreement for the exchange of information on taxes, applying immediately to criminal tax matters and to other covered matters from the date of entry into force for taxable periods beginning on or after that date. The Agreement mandates exchange of relevant information upon request, defines covered taxes and key terms, requires use of available information-gathering measures subject to proportionality, prescribes procedural content of requests and response obligations, permits limited grounds for refusal, mandates confidentiality, addresses costs, and provides for mutual agreement procedure and termination.
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