TMI BlogElimination of double taxationX X X X Extracts X X X X X X X X Extracts X X X X ..... rary are made in this Agreement. 2. Where a resident of India derives income which, in accordance with the provisions of this Agreement, may be taxed in Syria, India shall allow as a deduction from the tax on the income of that resident, an amount equal to the income-tax paid in Syria, whether directly or by deduction. Such deduction shall not, however, exceed that part of the Indian-tax (as com ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lief to contractors engaged in development projects during the period of execution, so far as the aforesaid Legislative Decree and Article were in force on, and have not been modified since, the date of the signature of this Agreement, or have been modified only in minor respects so as not to affect their general character; or (ii) any other provision which may be enacted after the fifth day of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in India. 5. For the purposes of the deduction referred to in paragraph 4, "income-tax paid in India" shall be deemed to include any amount which would have been payable as Indian tax but for a deduction allowed in computing the taxable income or an exemption or reduction from tax granted for that year under :- (i) sections 10(4), 10(4A), 10(6)(viia), 10(15)(iv), 10(28), 10A, 32A, 33A, 35P ( ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g State in respect of income derived from the other Contracting State, then the first-mentioned Contracting State may, in calculating tax on the remaining income of that person, apply the rate of tax which would have been applicable if the income exempted from tax in accordance with this Agreement had not been so exempted. - - statute, statutory provisions legislation, law, enactment, Acts, Rul ..... X X X X Extracts X X X X X X X X Extracts X X X X
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