Article 30 - Entry into force - Spain

ARTICLE 30 ENTRY INTO FORCE 1. This Convention shall be ratified and the instruments of ratification shall be exchanged at as soon as possible. 2. This Convention shall enter into force upon the exchange of the instruments of ratification and its provisions shall have effect : (a) in Spain : in respect of taxes chargeable on income or on capital for any taxable year beginning on or after the first day of January of the calendar year next following in which the Convention enters into force. (b) in India : (i) in respect of income arising in any taxable year beginning on or after the first day of April of the calendar year next following that in which the Convention enters into force, (ii) in respect of capital which is held on the last day of any taxable year beginning on or after the first day of April of the calendar year next following that in which the Convention enters into force.