Methods for elimination of double taxation

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....allow as a deduction from the tax on the income or capital of that resident, an amount equal to the tax paid in Luxembourg.  Such deduction shall not, however, exceed that portion of the tax as computed before the deduction is given, which is attributable, as the case may be, to the income or capital which may be taxed in Luxembourg. (b) Where in accordance with any provisio....

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....ning income or capital of the resident, apply the same rates of tax as if the income or capital had not been exempted. (b) Where a resident of Luxembourg derives income which, in accordance with the provisions of Articles 10, 11, 12 and 17 may be taxed in India, Luxembourg shall allow as a deduction from the Income-tax on individuals or from the corporation tax of that resident an amount ....