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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>India-Norway DTAA Article 24: Methods to Eliminate Double Taxation for Fair Taxation on Income and Capital.</h1> Article 24 of the Double Taxation Avoidance Agreement (DTAA) between India and Norway outlines methods to eliminate double taxation. Each country will continue to apply its own tax laws unless stated otherwise in the agreement. For Indian residents, India allows deductions from income or capital tax for taxes paid in Norway, provided these deductions do not exceed the attributable tax amount. Similarly, Norway allows deductions for taxes paid in India for Norwegian residents. Both countries may consider exempted income or capital in calculating taxes on remaining income or capital, ensuring fair taxation without double imposition.
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