Double taxation agreement applies to residents and directs implementation of treaty provisions from the fiscal year after entry into force.

The Central Government, exercising powers under section 90 of the Income-tax Act, directs that the India-Norway Agreement for avoidance of double taxation and prevention of fiscal evasion shall be given effect in India in respect of income and capital arising in any fiscal year beginning on or after the first fiscal year following the calendar year in which the Agreement entered into force; the Agreement applies to persons who are residents of one or both Contracting States.

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