TMI BlogAvoidance of double taxationX X X X Extracts X X X X X X X X Extracts X X X X ..... f India derives income which, in accordance with the provisions of this Convention, may be taxed in Japan, India shall allow as a deduction from the tax on the income of that resident an amount equal to the Japanese tax paid in Japan, whether directly or by deduction. Such deduction in either case shall not, however, exceed that part of the income tax (as computed before the deduction is given) wh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f tax payable in any country other than Japan: (a) Where a resident of Japan derives income from India which may be taxed in India in accordance with the provisions of this Convention, the amount of Indian tax payable in respect of that income shall be allowed as a credit against the Japanese tax imposed on that resident. The amount of credit, however, shall not exceed that part of the Japanese ta ..... X X X X Extracts X X X X X X X X Extracts X X X X
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