Agreement between the Government of the Republic of India and the Government of the People's Democratic Republic of Yemen for the avoidance of double taxation of income derived from International Air Transport https://www.taxtmi.com/notifications?id=22347 Income derived by an enterprise of a Contracting State from the operation of aircraft in international air traffic is exempt from tax in the other Contracting State, including income from participation in pools, joint airline businesses or international operating agencies, and interest on funds connected with such operations. The Agreement specifies covered taxes and designates competent authorities, while allowing application of domestic meanings for undefined terms and prescribing a mutual agreement procedure for resolving interpretive or application disputes. en-us Fri, 12 Aug 1988 00:00:00 +0530 Fri, 31 Jan 2025 15:47:00 +0530 TaxTMI RSS Generator Agreement between the Government of the Republic of India and the Government of the People's Democratic Republic of Yemen for the avoidance of double taxation of income derived from International Air Transport https://www.taxtmi.com/notifications?id=22347 Income derived by an enterprise of a Contracting State from the operation of aircraft in international air traffic is exempt from tax in the other Contracting State, including income from participation in pools, joint airline businesses or international operating agencies, and interest on funds connected with such operations. The Agreement specifies covered taxes and designates competent authorities, while allowing application of domestic meanings for undefined terms and prescribing a mutual agreement procedure for resolving interpretive or application disputes. Notifications Income Tax Fri, 12 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/notifications?id=22347