Methods for elimination of double taxation: credit or exemption rules allocate relief for taxes paid in the other State. Methods for elimination of double taxation between India and Estonia establish reciprocal relief: India allows a deduction against Indian tax for tax paid in Estonia limited to the portion attributable to Estonia taxable income and may consider exempted income when computing tax on remaining income. Estonia generally exempts income taxed in India but, for dividends, interest and royalties taxed in India, allows a deduction equal to Indian tax paid limited to the Estonian tax attributable to that income and may likewise take exempted income into account.
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.
Methods for elimination of double taxation: credit or exemption rules allocate relief for taxes paid in the other State.
Methods for elimination of double taxation between India and Estonia establish reciprocal relief: India allows a deduction against Indian tax for tax paid in Estonia limited to the portion attributable to Estonia taxable income and may consider exempted income when computing tax on remaining income. Estonia generally exempts income taxed in India but, for dividends, interest and royalties taxed in India, allows a deduction equal to Indian tax paid limited to the Estonian tax attributable to that income and may likewise take exempted income into account.
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