Article 1 - Object and Scope of the Agreement - Bahrain

MINISTRY OF FINANCE (Department of Revenue) NOTIFICAITON New Delhi, the 19 th June, 2013 (INCOME-TAX) S.O. 1766(E) Whereas the annexed Agreement between the Government of the Republic of India and the Government of the Kingdom of Bahrain for the Exchange of Information with respect to taxes signed in New Delhi on the 31 st May, 2012 shall come into force on the 11 th day of April, 2013, being the date of later of the notifications after completion of the procedures as required by the respective laws for the entry into force of this Agreement, in accordance with the provisions of Article 11 of the said Agreement. Now, therefore, in exercise of powers conferred by section 90 of the Income-tax Act, 1961 (43 of 1961) , the Central Government hereby notifies that all the provisions of the said Agreement annexed hereto shall he given effect to in the Union of India with effect from the 11 th day of April, 2013. [Notification No. 44/2013/F. No. 501/03/1994-FT TR-II] K. RAMALINGAM, Jt. Secy. AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF INDIA AND THE GOVERNMENT OF THE KINGDOM OF BAHRAIN FOR THE EXCHANGE OF INFORMATION WITH RESPECT TO TAXES The Government of the Republic of India and the Government of the Kingdom of Bahrain, desiring to facilitate the exchange of information with respect to taxes have agreed as follows: Article 1 Object and Scope of the Agreement The competent authorities of the Contracting Parties shall provide assistance through exchange of information that is foreseeably relevant to the administration and enforcement of the domestic laws of the Contracting Parties concerning taxes covered by this Agreement. Such information shall include information that is foreseeably relevant to the determination, assessment and collection of such taxes, the recovery and enforcement of tax claims, or the investigation or prosecution of tax matters. Information shall be exchanged in accordance with the provisions of this Agreement. The rights and safeguards secured to persons by the laws or administrative practice of the requested Party remain applicable to the extent that they do not unduly prevent or delay effective exchange of information.