Notification No.22 [F.No. 505/01/1982-FTD-I (Pt.)]/ SO 1370(E)

Last updated: 05 May 2020

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This notification announces the entry into force of a Protocol amending the Double Taxation Avoidance Convention between India and Austria. The amending Protocol, signed on February 6th, 2017, officially comes into effect on May 1st, 2020. This agreement aims to prevent fiscal evasion and avoid double taxation on income between the two nations.

MINISTRY OF FINANCE

(Department of Revenue)

NOTIFICATION

New Delhi, the 24th April, 2020

S.O. 1370(E).—Whereas, the Protocol, amending the Convention between the Government of the Republic of India and the Government of the Republic of Austria for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, which was signed at Vienna on the 8th November,1999, has been signed at New Delhi on 6th February, 2017, as set out in the annexure appended to this notification (hereinafter referred to as the said amending Protocol);

And whereas, the date of entry into force of the said amending Protocol is the 1st May, 2020 being the first day of the third month next following the date of the receipt of the latter of the notifications of completion of legal procedures for giving effect to the said amending Protocol in accordance with the Article 4 of the said amending Protocol

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FAQ :

The notification announces the entry into force of a Protocol that amends the Double Taxation Avoidance Convention between India and Austria.

The amending Protocol enters into force on May 1st, 2020.

The original convention was signed on November 8th, 1999.

The amending Protocol was signed on February 6th, 2017.

The convention aims to avoid double taxation and prevent fiscal evasion with respect to taxes on income between India and Austria.

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Notification No : 22 [F.No. 505/01
Published in Income Tax
Source : https://www.incometaxindia.gov.in/communications/notification/notification22_2020.pdf

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