https://www.taxtmi.com/acts?id=34185 The Protocol clarifies that "ordinarily resides" and "normally managed or controlled" follow Hong Kong law, detailing criteria for individual residence and for where companies are managed; it defines "right of abode" per Hong Kong law; includes certain default additions and "additional tax" within "penalty or interest"; extends territorial scope to include Shenzhen Bay Port Hong Kong Port Area; limits exchange of information disclosure to non third jurisdiction use while permitting specified Indian oversight bodies to access information, allows retroactive information disclosure if foreseeably relevant, and applies exchange rules to additional India administered taxes, with a mutual review provision. en-us Fri, 28 Dec 2018 16:42:23 +0530 Wed, 04 Dec 2024 11:38:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34185 The Protocol clarifies that "ordinarily resides" and "normally managed or controlled" follow Hong Kong law, detailing criteria for individual residence and for where companies are managed; it defines "right of abode" per Hong Kong law; includes certain default additions and "additional tax" within "penalty or interest"; extends territorial scope to include Shenzhen Bay Port Hong Kong Port Area; limits exchange of information disclosure to non third jurisdiction use while permitting specified Indian oversight bodies to access information, allows retroactive information disclosure if foreseeably relevant, and applies exchange rules to additional India administered taxes, with a mutual review provision. Act-Rules DTAA Fri, 28 Dec 2018 16:42:23 +0530 https://www.taxtmi.com/acts?id=34185