https://www.taxtmi.com/acts?id=5164 Elimination of double taxation is effected by allowing relief in the State of residence for taxes imposed in the State of source through specified deduction or credit mechanisms. For residents of India, Malta tax on income taxable under the agreement is allowed as a deduction against Indian tax, limited to the portion of Indian tax attributable to that Malta-taxable income; Malta tax includes hypothetical Malta tax that would have been payable but for specified Maltese incentive provisions. For residents of Malta, Indian tax included in a Malta assessment is allowed as a credit against the relevant Malta tax. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 10 Mar 2009 11:28:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5164 Elimination of double taxation is effected by allowing relief in the State of residence for taxes imposed in the State of source through specified deduction or credit mechanisms. For residents of India, Malta tax on income taxable under the agreement is allowed as a deduction against Indian tax, limited to the portion of Indian tax attributable to that Malta-taxable income; Malta tax includes hypothetical Malta tax that would have been payable but for specified Maltese incentive provisions. For residents of Malta, Indian tax included in a Malta assessment is allowed as a credit against the relevant Malta tax. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5164