Article 2 - Taxes covered - Great Britain and Northern Ireland (Old - Effective upto 10-02-1994)

ARTICLE 2 Taxes covered 1. The taxes which are the subject of this Convention are: (a) in the United Kingdom of Great Britain and Northern Ireland: (i) the income tax; (ii) the corporation tax; (iii) the capital gains tax; (iv) the petroleum revenue tax; and (v) the development land tax; (hereinafter referred to as United Kingdom tax ); (b) in India: (i) the income-tax and any surcharge thereon imposed under the Income-tax Act, 1961 (43 of 1961); and (ii) the surtax imposed under the Companies (Profits) Surtax Act, 1964 (7 of 1964); (hereinafter referred to as Indian tax ). 2. This Convention shall also apply to any identical or substantially similar taxes which are imposed by either Contracting State after the date of signature of this Convention in addition to, or in place of the existing taxes. The competent authorities of the Contracting States shall notify each other of any substantial changes which are made in their respective taxation laws.