https://www.taxtmi.com/notifications?id=24503 The Agreement creates a mechanism for the exchange of information between India and the Cayman Islands to assist tax administration and enforcement. Competent authorities must provide foreseeably relevant information, including bank and ownership records, subject to territorial control and limited exceptions for public entities where disproportionate difficulty arises. Requests must state identity, period, nature and tax purpose and follow prescribed procedural steps and timeframes. Confidentiality rules restrict use and onward disclosure; privileged communications and trade secrets are protected. Implementation, cost allocation, mutual agreement procedures and termination provisions are included. en-us Tue, 27 Dec 2011 00:00:00 +0530 Tue, 11 Feb 2025 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=24503 The Agreement creates a mechanism for the exchange of information between India and the Cayman Islands to assist tax administration and enforcement. Competent authorities must provide foreseeably relevant information, including bank and ownership records, subject to territorial control and limited exceptions for public entities where disproportionate difficulty arises. Requests must state identity, period, nature and tax purpose and follow prescribed procedural steps and timeframes. Confidentiality rules restrict use and onward disclosure; privileged communications and trade secrets are protected. Implementation, cost allocation, mutual agreement procedures and termination provisions are included. Notifications Income Tax Tue, 27 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/notifications?id=24503