HSBC Geneva acts: Income tax dept approaches Swiss authorities

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Agencies: New Delhi, Nov 18 2012, 17:58 IST
Geneva list entities which was provided by the French government last year.

"The additional details will set the ball rolling for beginning prosecution in specific cases," the sources added. The revised Indo-Swiss Double Taxation Avoidance Agreement (DTAA) has a specific clause that has been cited by India to obtain the vital information against those who figure on the HSBC Geneva list.

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