TMI BlogDouble Taxation Avoidance Agreement with MontenegroX X X X Extracts X X X X X X X X Extracts X X X X ..... cil of Minister of Serbia and Montenegro for the Avoidance of Double Taxation with respect to Taxes on Income and on Capital was signed at New Delhi on the 8 th day of February, 2006; And whereas the State Union of Serbia and Montenegro was disintegrated into two independent States after Montenegro's formal declaration of independence on 3rd June, 2006 and Serbia formal declaration of independe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... have effect in India in respect of the taxes on income derived and taxes on capital owned in each fiscal year beginning on or after the first day of April in the Calendar year next following the year in which the Convention enters into force; Now, therefore in exercise of the powers conferred by section 90 of the Income-tax Act, 1961 (43 of 1961) and section 44A of the Wealth-Act, 1957 (2 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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