https://www.taxtmi.com/circulars?id=9035 Agreement extends the reciprocal reduced tax treatment for profits from operation of ships while enlarging Article XII to allow exchange of information, including documents, for application of the treaty and for prevention or detection of tax evasion or avoidance. Information exchanged is confidential but may be disclosed to persons concerned with assessment, collection, enforcement, prosecution, or to persons to whom the information relates. Exchanges may be routine or made on request; Commissioners must send detailed notes to the Board in cases of substantial suspected avoidance or evasion, with the Board adopting a selective approach. en-us Wed, 22 Sep 1976 00:00:00 +0530 Wed, 01 Jun 2011 17:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9035 Agreement extends the reciprocal reduced tax treatment for profits from operation of ships while enlarging Article XII to allow exchange of information, including documents, for application of the treaty and for prevention or detection of tax evasion or avoidance. Information exchanged is confidential but may be disclosed to persons concerned with assessment, collection, enforcement, prosecution, or to persons to whom the information relates. Exchanges may be routine or made on request; Commissioners must send detailed notes to the Board in cases of substantial suspected avoidance or evasion, with the Board adopting a selective approach. Circulars Income Tax Wed, 22 Sep 1976 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9035