Article PROTOCOL - Protocol - Montenegro

PROTOCOL At the moment of signing the Convention between the Council of Ministers of Serbia and Montenegro and the Government of the Republic of India for the Avoidance of Double Taxation with respect to taxes on Income and on Capital, the undersigned have agreed that the following provision shall form an integral part of the Convention. Ad, Articles 6 and 14 With reference to paragraphs 1 of Article 6 and Article 14 it is understood that income from immovable property and capital gains on alienation of immovable property respectively may be taxed in both Contracting States. IN WITNESS whereof the undersigned, being duly authorized thereto, have signed this Protocol. DONE in duplicate at New Delhi this 8 day of February 2006 in the, English, Hindi and Serbian languages, all three texts being equally authentic. In case of any divergence of interpretation, the English text shall prevail. FOR THE GOVERNMENT OF THE REPUBLIC OF INDIA Sd/- Shri P. Chidabaram Finance Minister FOR THE COUNCIL OF MINISTER OF SERBIA AND MONTENEGRO Sd/- Prof. Dr Predrag Ivanovie Minister for International Economic Relations ANITA KAPUR. Jt. Secy. [F. No.503/1/1997-FTD-I]