https://www.taxtmi.com/acts?id=4982 Residents of each Contracting State may deduct from their domestic tax an amount equal to income tax or capital tax paid in the other State, limited to the tax that would have been charged on the same income or capital under domestic rates. Exempt income or capital under the Convention may be taken into account in calculating tax rates, and deemed tax includes amounts foregone under domestic incentive exemptions for specified economic activities carried out within the State. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 07 Dec 2024 12:07:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4982 Residents of each Contracting State may deduct from their domestic tax an amount equal to income tax or capital tax paid in the other State, limited to the tax that would have been charged on the same income or capital under domestic rates. Exempt income or capital under the Convention may be taken into account in calculating tax rates, and deemed tax includes amounts foregone under domestic incentive exemptions for specified economic activities carried out within the State. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4982