Article 1 - Personal scope - Cyprus (Old - Effective upto 31-3-2017)

Cyprus 1583. Agreement for avoidance of double taxation and prevention of fiscal evasion with Cyprus Whereas the annexed Agreement between the Government of the Republic of India and the Government of the Republic of Cyprus for the Avoidance of Double Taxation with respect of taxes on income has entered into force on 21-12-1994, after the notification by both the Contracting States to each other of the completion of the procedures required by their laws for bringing into force the said Agreement in accordance with paragraph 1 of Article 30 of the said Agreement; 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 the said Agreement shall be given effect to in the Union of India. Notification : No. GSR 805(E), dated 26-12-1995 . ANNEXURE Agreement between the republic of India and the republic of Cyprus for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital The Government of the Republic of India and the Government of the Republic of Cyprus desiring to conclude an Agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital have agreed as follows : Chapter I - Scope of the agreement Article 1: Personal scope - This Agreement shall apply to persons who are residents of one or both of the Contracting States.