TMI BlogAgreement between the Government of the Republic of India and the Government of Yemen Arab Republic for the Avoidance of Double Taxation of income derived from International Air TransportX X X X Extracts X X X X X X X X Extracts X X X X ..... rce on 30-12-1986, the date of the signature thereon by the Contracting States, as required by article 5 of the said agreement: Now, therefore, in exercise of the powers conferred by section 90 of the Income-tax Act, 1961 (43 of 1961), and section 24A of the Companies (Profits) Surtax Act, 1964 (7 of 1964), the Central Government hereby directs that all the provisions of the said agreement shall be given effect to in the Union of India. ANNEXURE AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF INDIA AND THE GOVERNMENT OF YEMEN ARAB REPUBLIC FOR THE AVOIDANCE OF DOUBLE TAXATION OF INCOME DERIVED FROM INTERNATIONAL AIR TRANSPORT. The Government of the Republic of India and the Government of Yemen Arab Republic des ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m " international air traffic " means any transport by an aircraft operated by an enterprise of a Contracting State, except when the aircraft is operated solely between places in the other Contracting State; (e) the expression " operation of aircraft " means the business of carriage by air of passengers, livestock, goods or mail carried on by the owners or lessees or charterers of aircraft including the sale of tickets for such transportation on behalf of other enterprises, the incidental lease of aircraft and any other activity directly connected with such transportation. 2. In the application of the provisions of this agreement by one of the Contracting States, any term used but not defined herein shall, unless the context otherwise r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n effect indefinitely but either Contracting State may, on or before the thirtieth day of June in any calendar year after the year 1991, give notice of termination to the other Contracting State and in such event this agreement shall cease to be effective: (a) In Yemen Arab Republic, in respect of any year of tax commencing on or after the 1st day of January of the second calendar year following the year in which the notice is given; (b) In India, in respect of any assessment year commencing on or after the 1st day of April of the second calendar year following the year in which the notice is given. IN WITNESS WHEREOF the undersigned, duly authorised thereto, have signed the present agreement. Done at New Delhi this thirtieth day of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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