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    <title>Double taxation agreement: Between India and U. S. A.</title>
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    <description>The Convention provides that business profits of an enterprise of one Contracting State are taxable in the other State only if the enterprise operates through a permanent establishment there; it also makes mutual exemption for shipping and aircraft profits and prescribes concessional source-country taxation for dividends, interest, royalties and specified service fees, with entry into force upon exchange of notes confirming completion of each State&#039;s legal procedures.</description>
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