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SHIPPING AND AIR TRANSPORT

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..... be situated in the Contracting State in which the home harbor of the ship is situated, or, if there is no such home harbor, in the Contracting State of which the operator of the ship is a resident. 3. For the purpose of this Article, profits from the operation of ships or aircraft in international traffic include all of the following: a) Profits from the rental on a bareboat basis of ships or .....

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..... a pool, a joint business or an international operating agency. 6. It is understood that the provisions of this Article shall replace the provisions of the Agreement between the government of the Republic of India and the Government of the state of Kuwait for the avoidance of double Taxation of income derived from international Air Transport Signed on 21st April, 1982. - - statute, statutory .....

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