https://www.taxtmi.com/acts?id=5770 Article 28 requires competent authorities to exchange information foreseeably relevant to implementing the DTAA or administering domestic tax laws, subject to confidentiality: received information is treated as secret and disclosed only to authorized persons or authorities for assessment, collection, enforcement, prosecution, appeals or oversight and may be used only for those purposes (except where both States' laws permit other uses). Limitations prevent obligations to alter domestic practices, to provide unobtainable information, or to disclose trade or public policy sensitive secrets. States must employ information gathering measures to obtain requested data and cannot refuse solely because information is held by banks, financial institutions, nominees or fiduciaries. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 19 Dec 2024 14:12:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5770 Article 28 requires competent authorities to exchange information foreseeably relevant to implementing the DTAA or administering domestic tax laws, subject to confidentiality: received information is treated as secret and disclosed only to authorized persons or authorities for assessment, collection, enforcement, prosecution, appeals or oversight and may be used only for those purposes (except where both States' laws permit other uses). Limitations prevent obligations to alter domestic practices, to provide unobtainable information, or to disclose trade or public policy sensitive secrets. States must employ information gathering measures to obtain requested data and cannot refuse solely because information is held by banks, financial institutions, nominees or fiduciaries. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5770