Common use of in Myanmar Clause in Contracts

in Myanmar. (a) Where a resident of Myanmar derives income which, in accordance with the provisions of this agreement, may be taxed in India, Myanmar shall allow as a deduction from the tax on the income of that resident, an amount equal to the tax paid in India. 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 India.

Appears in 4 contracts

Samples: Agreement, www.incometaxindia.gov.in, Taxation Avoidance Agreement

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in Myanmar. (a) Where a resident of Myanmar derives income which, in accordance with the provisions of this agreementAgreement, may be taxed in India, Myanmar shall allow as a deduction from the tax on the income of that resident, an amount equal to the tax paid in India. 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 India.

Appears in 1 contract

Samples: Agreement

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