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Article 31 - Termination - SingaporeExtract ARTICLE 31 : Termination - This Agreement shall remain in force indefinitely but either of the Contracting States may, on or before the thirtieth day of June in any calendar year beginning after the expiration of a period of five years from the date of its entry into force, give the other Contracting State through diplomatic channels, written notice of termination and, in such event, this Agreement shall cease to have effect : (a) in India, in respect of income arising in any fiscal year beginning on or after the 1st day of April next following the date on which the notice of termination is given; (b) in Singapore, in respect of income arising in any fiscal year beginning on or after the 1st day of January next following the date on which the notice of termination is given. IN WITNESS WHEREOF the undersigned, being duly authorised thereto, have signed the present Agreement. DONE in duplicate at India this twenty-fourth day of January, one thousand nine hundred and ninety-four in the Hindi and English languages, both texts being equally authentic. In the case of divergence between the two texts, the English text shall be the operative one. Judicial Analysis n Income from Singapore cannot be subjected to tax in India where same is in accordance with the agreement for avoidance of double taxation of incomeCIT v. S.R.M. Meyyappan Karalkudi 1995 Tax LR 42 (Mad.). n See also Advance Ruling A No. P-11 of 1995, In re [1997] 94 Taxman 152.
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