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<h1>Article 23 of DTAA: Hong Kong and India Residents Can Claim Tax Credits to Eliminate Double Taxation on Cross-border Income.</h1> Article 23 of the Double Tax Avoidance Agreement (DTAA) between Hong Kong and India outlines methods to eliminate double taxation. In Hong Kong, residents can claim a credit against Hong Kong tax for Indian tax paid on income derived from India, limited to the Hong Kong tax amount on that income. In India, residents can deduct Hong Kong tax paid on income taxable in Hong Kong from their Indian tax liability, but not exceeding the Indian tax on that income. Additionally, India may consider exempted income when calculating tax on a resident's remaining income.