Home Acts & Rules DTAA Comprehensive Agreement Bangladesh Chapters List Chapter III TAXATION OF INCOME This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Article 23 - Income of government and institutions - BangladeshExtract ARTICLE 23 INCOME OF GOVERNMENT AND INSTITUTIONS (1) The Government of one of the Contracting States shall be exempt from tax in the other Contracting State in respect of any income derived by such Government from that other Contracting State. (2) For the purposes of paragraph (1) of this Article, the term 'Government'-- (a) in the case of India means the Government of India and shall include-- (i) the Governments of the States and the Union Territories of India: (ii) the Reserve Bank of India; (iii) any such institution or body as may be agreed from time to time between the two Contracting States. (b) in the case of Bangladesh means the Government of the People's Republic of Bangladesh and shall include-- (i) the Bangladesh Bank; (ii) any such institution or body as may be agreed from time to time between the two Contracting States.
|