https://www.taxtmi.com/acts?id=5223 India relieves double taxation by allowing a deduction from Indian tax equal to income-tax or capital tax paid in Mongolia, limited to the part of Indian tax attributable to income or capital taxable in Mongolia; Mongolia applies an identical method. Taxes to be included for relief purposes include those reduced by tax incentives, and income exempt under the Agreement may be taken into account when calculating tax rates in a Contracting State. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 23 Aug 2024 16:11:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5223 India relieves double taxation by allowing a deduction from Indian tax equal to income-tax or capital tax paid in Mongolia, limited to the part of Indian tax attributable to income or capital taxable in Mongolia; Mongolia applies an identical method. Taxes to be included for relief purposes include those reduced by tax incentives, and income exempt under the Agreement may be taken into account when calculating tax rates in a Contracting State. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5223