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TMI BlogAgreement between the Government of India and the Government of Sultanate of Oman for the avoidance of double taxation of income derived from international air transportX X X X Extracts X X X X X X X X Extracts X X X X ..... notification by both the Contracting States to each other of completion of the procedures required by their respective laws, as required by article 5 of the said agreement. 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 agreement shall be given effect to in the Union of India. Agreement between the Government of India and the Government of the Sultanate of Oman for the avoidance of double taxation of income derived from international air transport. The Government of India and the Government of the Sultanate of Oman. Desiring to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ch Oman has sovereign rights and to the extent that those rights can be exercised therein as if such maritime zone is part of the territory of Oman; (b) the term " India " means the territory of India and includes the territorial sea and airspace above it as well as any other maritime zone referred to in the territorial waters, continental shelf, exclusive economic zone and other Maritime Zones Act, 1976 (Act No. 80 of 1976), in which India has sovereign rights and to the extent that these rights can be exercised therein as if such maritime zone is a part of the territory of India; (c) the term " a Contracting State " and the " other Contracting State " means Sultanate of Oman or India as the context requires; (d) the term " tax " mea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ves from the operation of aircraft in international traffic shall be exempted in India from Indian tax. 2. Income which an enterprise of India derives from the operation of aircraft in international traffic shall be exempted in Oman from Omani tax. 3. The provisions of paragraphs 1 and 2 shall also apply to income from the participation in a pool, a joint business or an international operating agency. 4. For the purpose of paragraphs 1 and 2, interest on funds directly connected with the operation of aircraft in international traffic shall be regarded as income from the operation of aircraft. Article 4 RESIDUAL PROVISIONS The laws in force in either of the Contracting States will continue to govern the assessment and taxatio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... undred and eighty-four in two originals in the Hindi, Arabic and English languages, all texts being equally authentic. In case of dispute as to interpretation and application of this agreement, the English text shall prevail. Sd. C. K. TIKKU For the Government of India. Sd. MR. ABDULLA BIN SAEED BIN RASHID AL-BALUSHI For the Government of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... India in the State which imposes such tax. I should be grateful if you confirm your agreement to the above understanding of the provisions of article 3 of the said agreement, and that in such case this note and your reply thereto shall be deemed to be part of the agreement. Please accept, Sir, the assurances of my highest consideration. MUSCAT, 27th October, 1982. JAGDISH CHAND Head of Delegation of the Government of India Mr. Jagdish Chand, Head of Delegation of the Government of India . Dear Sir, With reference to the agreement, signed today, between the Government of India and the Government o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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