Double taxation relief via tax credit: reciprocal credits granted, with exempt income usable for progression in tax computation. The treaty maintains domestic taxation rules unless displaced by treaty provisions and provides reciprocal tax credits: India allows a credit for tax paid in Tanzania up to the portion of Indian tax attributable to income taxable in Tanzania, and Tanzania allows a corresponding credit for tax paid in India up to the portion of Tanzanian tax attributable to income taxable in India. Both States may consider income exempt under the Agreement when computing tax on the remaining income to determine the applicable tax liability.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Double taxation relief via tax credit: reciprocal credits granted, with exempt income usable for progression in tax computation.
The treaty maintains domestic taxation rules unless displaced by treaty provisions and provides reciprocal tax credits: India allows a credit for tax paid in Tanzania up to the portion of Indian tax attributable to income taxable in Tanzania, and Tanzania allows a corresponding credit for tax paid in India up to the portion of Tanzanian tax attributable to income taxable in India. Both States may consider income exempt under the Agreement when computing tax on the remaining income to determine the applicable tax liability.
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