Double Taxation Agreement allocates taxing rights, limits withholding on cross border income, and provides MAP and information exchange. The Central Government notifies that the Agreement between India and Iran for avoidance of double taxation and prevention of fiscal evasion on income taxes has entered into force and shall be given effect in India. The Agreement applies to residents and to taxes on income, establishes residence and permanent establishment rules (including thresholds for construction and services), allocates taxing rights for business profits, immovable property, dividends, interest, royalties and fees for technical services with limited source taxation subject to effective-connection exceptions, and provides mutual agreement, exchange of information and a principal-purpose entitlement-to-benefits rule; the Protocol clarifies fiscal year definitions and implementation details.