TMI BlogAgreement for avoidance of double taxation between India and Indonesia: Commencement ofX X X X Extracts X X X X X X X X Extracts X X X X ..... r the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income. The agreement which came into force on 19-12-1987 shall have effect in India in respect of income arising in any accounting year beginning on or after 1st April, 1988. In Indonesia, the agreement shall have effect in respect of income arising in any year of income beginning on or after 1st January, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... also for taxes spared in the country of source for purposes of its economic development. With the coming into effect of this agreement, it is expected that the flow of capital, technology and personnel between the two countries will be further stimulated as the tax obstacles that may be inhibiting such a flow will be removed. - Notification Tax Management India - taxmanagementindia - taxman ..... X X X X Extracts X X X X X X X X Extracts X X X X
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