https://www.taxtmi.com/acts?id=44833 Elimination of double taxation is achieved by reciprocal foreign tax credits: India permits a deduction from Indian tax for income or capital tax paid in Georgia limited to the portion of Indian tax attributable to the income or capital taxable in Georgia, and may account for exempted items when computing tax on remaining income or capital. Georgia correspondingly permits deductions for Indian tax paid, limited to the tax that would have accrued under Georgian rules and rates, and may likewise consider exempted income or capital in computing tax on remaining items. en-us Wed, 16 Oct 2024 15:40:23 +0530 Tue, 22 Oct 2024 13:06:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=44833 Elimination of double taxation is achieved by reciprocal foreign tax credits: India permits a deduction from Indian tax for income or capital tax paid in Georgia limited to the portion of Indian tax attributable to the income or capital taxable in Georgia, and may account for exempted items when computing tax on remaining income or capital. Georgia correspondingly permits deductions for Indian tax paid, limited to the tax that would have accrued under Georgian rules and rates, and may likewise consider exempted income or capital in computing tax on remaining items. Act-Rules DTAA Wed, 16 Oct 2024 15:40:23 +0530 https://www.taxtmi.com/acts?id=44833