Article 30 - Entry Into Force - Italy

CHAPTER VI FINAL PROVISIONS Article 30 ENTRY INTO FORCE 1. This Convention shall be ratified and the instruments of ratification shall be exchanged at Rome as soon as possible. 2. This Convention shall enter into force on the date of exchange of instruments of ratification and its provisions shall have effect :- (a) in India, in respect of income assessable in any previous year commencing on or after the first day of April of the calendar year next following the calendar year in which the Convention enters into force; (b) in Italy, in respect of income assessable in any taxable period commencing on or after the first day of January of the calendar year next following the calendar year in which the Convention enters into force. 3. The existing Agreement between the Government of India and the Government of Italy for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income signed at Rome on 12th January, 1981 shall cease to have effect at the time when the provisions of this Convention shall be effective in accordance with the provisions of paragraph 2.