https://www.taxtmi.com/acts?id=5341 Article 23 provides reciprocal mechanisms to eliminate double taxation: the Netherlands may exempt or reduce tax on items taxable in India or allow a deduction equal to Indian tax paid subject to Netherlands limitations, including a ten year transitional treatment of reduced Indian tax on interest under investment incentives. India allows deduction for Netherlands income or capital tax to the extent attributable to income or capital taxed in the Netherlands, with company surtax credits applied in sequence and certain Netherlands investment account items excluded from credit calculations. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 12 Dec 2024 12:02:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5341 Article 23 provides reciprocal mechanisms to eliminate double taxation: the Netherlands may exempt or reduce tax on items taxable in India or allow a deduction equal to Indian tax paid subject to Netherlands limitations, including a ten year transitional treatment of reduced Indian tax on interest under investment incentives. India allows deduction for Netherlands income or capital tax to the extent attributable to income or capital taxed in the Netherlands, with company surtax credits applied in sequence and certain Netherlands investment account items excluded from credit calculations. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5341