https://www.taxtmi.com/acts?id=4488 The Agreement preserves domestic taxing powers while providing treaty relief to prevent double taxation between Canada and India. Canada grants deductions for Indian tax on income, deductions for dividends from an Indian affiliate's exempt surplus, credits for capital tax paid in India and permits consideration of exempt income when computing tax on remaining income. India allows a credit for Canadian tax paid on Canadian-source income limited to the proportion of Indian tax attributable to that income and permits deduction for capital tax paid in Canada to the extent attributable to capital taxable in Canada. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 07 Nov 2024 18:25:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4488 The Agreement preserves domestic taxing powers while providing treaty relief to prevent double taxation between Canada and India. Canada grants deductions for Indian tax on income, deductions for dividends from an Indian affiliate's exempt surplus, credits for capital tax paid in India and permits consideration of exempt income when computing tax on remaining income. India allows a credit for Canadian tax paid on Canadian-source income limited to the proportion of Indian tax attributable to that income and permits deduction for capital tax paid in Canada to the extent attributable to capital taxable in Canada. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4488