Elimination of double taxation

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..... go, double taxation shall be eliminated as follows : Where a resident of Trinidad and Tobago derives income which, in accordance with the provisions of this Convention, may be taxed in India, Trinidad and Tobago shall allow as a deduction from the tax on the income of that resident an amount equal to the income tax paid in India, whether directly or by deduction at source. Such deduction shall .....

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..... tioned in paragraphs 2 and 3 of this Article shall be deemed to include the tax which would have been payable but for the tax incentives granted under the laws of the Contracting State and which are designed to promote economic development. 5. Income which in accordance with the provisions of this Convention, is not to be subjected to tax in Contracting State, may be taken into account for calcu .....

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