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1990 (11) TMI 9 - CALCUTTA HIGH COURTExtract: .......of the Agreement for Avoidance of Double Taxation, will be charged to tax in India by way of reduction of an amount equal to 50 of the tax so charged. For the reasons aforesaid, the question referred to this court is answered in the affirmative and in favour of the assessees. There will be no order as to costs. BHAGABATI PRASAD BANERJEE J.-I agree.
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