Methods for elimination of double taxation

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..... hall be eliminated as follows: (A) In India: (a) Where a resident of India derives income or owns capital which, in accordance with the provisions of this Agreement, may be taxed in Norway, India shall allow: (i) as a deduction from the tax on the income of that resident, an amount equal to the income tax paid in Norway on that income; (ii) as a deduction from the tax on the capital of that reside .....

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..... (i) as a deduction from the tax on the income of that resident, an amount equal to the income tax paid in India on that income; (ii) as a deduction from the tax on the capital of that resident, an amount equal to the capital tax paid in India on elements of capital. Such deduction in either case shall not, however, exceed that part of the income tax or capital tax as computed before the deduction .....

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