Article 29 - Entry into force - Oman

ARTICLE 29 ENTRY INTO FORCE 1. Each of the Contracting States shall notify to the other the completion of the procedures required by its law for the bringing into force of this Agreement. This Agreement shall enter into force on the date of the latter of these notifications and shall thereupon have effect : (a) in India, in respect of income arising in any fiscal year beginning on or after the first day of April next following the calendar year in which the latter of the notifications is given; (b) in the Sultanate of Oman, in respect of income arising on or after the first day of January in the calendar year immediately following that in which the latter of the notifications is given. 2. The Agreement between the Government of India and the Government of Sultanate of Oman for the Avoidance of Double Taxation of income derived from International Transport signed at New Delhi on 23rd October, 1984 and the exemptions granted under that Agreement will cease to have effect on the date on which this Agreement comes into force.