Elimination of double taxation: treaty prescribes tax credit and exemption mechanisms for cross border income between India and Belgium. The Convention maintains domestic taxation rules unless displaced and prescribes methods to eliminate double taxation: India grants deductions or inclusion with corresponding deductions for income taxed in Belgium, while Belgium generally exempts income taxed in India and allows credits or applies domestic provisions for dividends, interest, royalties and technical services; special rules govern corporate dividend exemptions, loss adjustments for permanent establishments, and the treatment of Indian tax reductions or incentives for credit purposes.
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.
Elimination of double taxation: treaty prescribes tax credit and exemption mechanisms for cross border income between India and Belgium.
The Convention maintains domestic taxation rules unless displaced and prescribes methods to eliminate double taxation: India grants deductions or inclusion with corresponding deductions for income taxed in Belgium, while Belgium generally exempts income taxed in India and allows credits or applies domestic provisions for dividends, interest, royalties and technical services; special rules govern corporate dividend exemptions, loss adjustments for permanent establishments, and the treatment of Indian tax reductions or incentives for credit purposes.
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