Common use of in India Clause in Contracts

in India. (a) Where a resident of India derives income which, in accordance with the provisions of this Agreement, may be taxed in Myanmar, India shall allow as a deduction from the tax on the income of that resident, an amount equal to the tax paid in Myanmar. 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 which may be taxed in Myanmar. (b) Where in accordance with any provision of the Agreement, income derived by a resident of India is exempt from tax in India, India may nevertheless, in calculating the amount of tax on the remaining income of such resident, take into account the exempted income.

in India. (a) Where a resident of India derives income which, in accordance with the provisions of this Agreement, may be taxed in MyanmarSri Lanka, India shall allow as a deduction from the tax on the income of that resident, an amount equal to the tax paid in MyanmarSri Lanka. 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 which may be taxed in MyanmarSri Lanka. (b) Where in accordance with any provision of the Agreement, Agreement income derived by a resident of India is exempt from tax in India, India may nevertheless, in calculating the amount of tax on the remaining income of such resident, take into account the exempted income.

in India. (a) Where a resident of India derives income which, in accordance with the provisions of this Agreement, may be taxed in Myanmar, India shall allow as a deduction from the tax on the income of that resident, an amount equal to the tax paid in Myanmar. 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 which may be taxed in Myanmar. (b) Where in accordance with any provision of the Agreement, Agreement income derived by a resident of India is exempt from tax in India, India may nevertheless, in calculating the amount of tax on the remaining income of such resident, take into account the exempted income.

in India. (a) Where a resident of India derives income which, in accordance with the provisions of this Agreement, may be taxed in MyanmarBhutan, India shall allow as a deduction from the tax on the income of that resident, an amount equal to the tax paid in MyanmarBhutan. 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 which may be taxed in MyanmarBhutan. (b) Where in accordance with any provision of the Agreement, Agreement income derived by a resident of India is exempt from tax in India, India may nevertheless, in calculating the amount of tax on the remaining income of such resident, take into account the exempted income.