Article 1 - Personal scope - Romania (Old - Effective upto 15-12-2013)

Romania Agreement for avoidance of double taxation with Romania Whereas the annexed Convention between the Government of the Republic of India and the Government of the Socialist Republic of Romania for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income has come into force on the 14th November, 1987 on the exchange of the Instruments of Ratification by both the Contracting States, as required by paragraph (1) of article 31 of the said Convention ; 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 Convention shall be given effect to in the Union of India. Notification: No. GSR 80(E), dated 8-2-1988 . TEXT OF ANNEXED AGREEMENT, DATED 10-3-1987 The Government of the Republic of India and the Government of the Socialist Republic of Romania desiring to conclude a Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and to promote and strengthen the economic relations between the two countries on the basis of equality in rights and reciprocal advantage, have agreed as follows : Article 1 - Personal scope - This Convention shall apply to persons who are residents of one or both the Contracting States.