PROCESS OF ENTERING INTO A TREATY
ARTICLE 30(1) OF THE INDIA – US TREATY
Each Contracting State
shall notify the other Contracting State
in writing, through diplomatic channels,
upon the completion of their respective legal procedures
to bring this Convention into force.
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ARTICLE 30(2) OF THE INDIA – US TREATY
The Convention shall enter into force on the date of the letter of such notifications and its provisions shall have effect : –
(a) in the United States
(i) in respect of taxes withheld at source, for amounts paid or credited on or after the first day of January next following the date on which the Convention enters into force;
(i) in respect of other taxes, for taxable periods beginning on or after the first day of January next following the date on which the Convention enters into force; and
(b) in India, in respect of income arising in any taxable year beginning on or after the first day of April next following the calendar year in which the Convention enters into force.
CASE STUDY
ENTRY INTO FORCE AND EFFECTIVE DATE
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TREATY CLAUSE
TAXABILITY OF INCOME
