https://www.taxtmi.com/acts?id=10390 Article 25 mandates that the resident State relieve double taxation by granting a credit for income tax or capital tax paid in the other State, limited to the portion of resident State tax attributable to the income or capital taxed abroad. Exempted income or capital may be included in computing tax on remaining taxable items. Taxes reduced or waived under the other State's incentive provisions are deemed "tax paid" for credit purposes, while amounts payable for defaults or omissions are excluded from the term. en-us Sat, 17 Jan 2009 19:04:38 +0530 Tue, 26 Nov 2024 14:09:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10390 Article 25 mandates that the resident State relieve double taxation by granting a credit for income tax or capital tax paid in the other State, limited to the portion of resident State tax attributable to the income or capital taxed abroad. Exempted income or capital may be included in computing tax on remaining taxable items. Taxes reduced or waived under the other State's incentive provisions are deemed "tax paid" for credit purposes, while amounts payable for defaults or omissions are excluded from the term. Act-Rules DTAA Sat, 17 Jan 2009 19:04:38 +0530 https://www.taxtmi.com/acts?id=10390