Notification No.2/2014, [F.NO.501/1/2003-FTD-I]/SO
47(E), dated 06.01.2014
Section 90 of
the Income-Tax Act, 1961 – Double Taxation Agreement – Agreement for Avoidance
of Double Taxation and Prevention of Fiscal Evasion with Foreign Countries –
ALBANIA
1. Whereas, an
agreement (hereinafter referred to as the said agreement) was entered into
between the Government of the Republic of India and the Council of Ministers of
Republic off Albania for the avoidance of double taxation and the prevention of
fiscal evasion with respect to taxes on income and on capital which was signed
at New Delhi on the 8th day of July, 2013;
2. And whereas, the
date of entry into force of the said agreement is the 4th day of December,
2013, being the date of later of the notifications of completion of the
procedures as required by the respective laws for entry into force of the said
agreement, in accordance with paragraph 2 of Article 31 of the said agreement;
3. Now, therefore,
in exercise of the powers conferred by section 90 of the Income-tax Act, 1961
(43 of 1961), the Central Government hereby directs that all the provisions of
said agreement between the Government of the Republic of India and the Council
of Ministers of Republic of Albania for the avoidance of double taxation and
the prevention of fiscal evasion with respect to taxes on income and on
capital, as set out in the Annexure hereto, shall be given effect to in the
Union of India with effect from date of entry into force of said agreement
i.e., the 4th day of December, 2013.
.
.
.
0 comments:
Post a Comment