General definitions

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.... means United Kingdom tax or Indian tax, as the context requires but shall not include any amount which is payable in respect of any default or omission in relation to the taxes to which this Convention applies or which represents a penalty imposed relating to those taxes; (d) the term "fiscal year" in relation to Indian tax means "previous year" as defined in the Income-tax Act, 196....

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....ied on by a resident of a Contracting State and an enterprise carried on by a resident of the other Contracting State; (i)  the term "competent authority" means, in the case of the United Kingdom, the Commissioners of Inland Revenue or their authorised representative, and in the case of India, the Central Government in the Ministry of Finance (Department of Revenue) or their aut....

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....on.       ****************** NOTES:- 1. Deleted & replaced vide Notification No. 10/2014, Dated 10-2-2014, w.e.f. 27th day of December, 2013, before it was read as:- "(f) the term person includes an individual, a company and any other entity which is treated as a taxable unit under the taxation laws in force in the respective Contracting States, but, sub....