TMI BlogAgreement between the Government of the Republic of India and the Government of the People's Democratic Republic of Yemen 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 ..... avoidance of double taxation of income derived from international air transport has entered into force on August 5, 1988, the date of 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. ( Sd. ) P. K. Appachoo, Joint Secretary to the Govt. of India . ANNEXURE AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF INDIA AND THE GOVERNMENT OF THE PEOPLE'S DEMOCRATIC R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... terprise of a Contracting State " means airlines designated by each Contracting State; (d) the term ' 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 term " operation of aircraft " means the transportation by air of passengers, livestock, goods or mail carried by the owners or lessees or charterers of aircraft, including the sale of tickets for such transportation, the incidental lease of aircraft including on a charter basis or any other activity directly connected with such transportation; (f) the term " competent authority " means: (i) in the case of the People's Democ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to force of this Agreement. The Agreement shall enter into force on the date of signature thereon by the Contracting State, and shall thereupon have effect in respect of income arising in any fiscal year commencing on or after the 1st day of January, 1983. Article 6 TERMINATION This Agreement shall continue in effect indefinitely but either Contracting State may, on or before the thirtieth day of June in any calendar year after the year 1993, give notice of termination to the other Contracting State and in such event this Agreement shall cease to be effective in respect of income arising in any fiscal year commencing on or after the 1st day of January next following the calendar year in which the notice is given. IN WITNESS WHER ..... X X X X Extracts X X X X X X X X Extracts X X X X
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