Methods for elimination of double taxation

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..... me of that resident an amount equal to the tax paid in Uruguay. Such deduction shall not, however, exceed that portion of the tax as computed before the deduction is given, which is attributable to the income which may be taxed in Uruguay. (b) Where a resident of India owns capital which, in accordance with the provisions of the Agreement may be taxed in Uruguay, India shall allow as a deduction f .....

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..... unt 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 to the income which may be taxed in India. (b) Where a resident of Uruguay owns wealth which, in accordance with the provisions of the Agreement may be taxed in India, Uruguay shall allow as a deduction from the tax on capital of tha .....

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