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<h1>India-Denmark DTAA Article 23: Preventing Double Taxation with Deductions for Taxes Paid on Income and Capital.</h1> Article 23 of the Double Taxation Avoidance Agreement (DTAA) between India and Denmark outlines the mechanisms to prevent double taxation on income and capital. For Indian residents, if income or capital is taxable in Denmark, India allows a deduction equal to the tax paid in Denmark, but not exceeding the tax attributable to that income or capital. Similarly, Denmark provides deductions for its residents on taxes paid in India, with specific provisions for income types like interest and royalties. These measures ensure that income or capital is not taxed twice, promoting economic cooperation between the two countries.