`In India, double taxation shall be eliminated as follows: 2. If a territory includes the profits of an enterprise in the territory into the profits of an enterprise in the territory – and taxes it accordingly – and is taxed for profits invoiced to an enterprise in the other region of the other region, and the profits so included are profits, which would have been paid to the undertaking in the first zone if the conditions between the two companies had been those applied between independent undertakings, so that that other zone makes an appropriate adjustment to the amount of tax it levies on those profits. Such adaptation shall take due account of the other provisions of this Agreement and, if necessary, the competent authorities of the territories shall consult each other. The DBA, which is the 21st. The agreements of this type signed by Taiwan are part of a growing economic cooperation between Taiwan and India. At the same time as the DBA, a customs cooperation agreement was signed between the two countries, which entered into force on August 1, while there are also bilateral agreements on investment, technology and education. This Agreement focuses on international peace, security, development and sustainability by pre-finalizing the various aspects and interpretation of existing legislation. The Memorandum of Understanding on Scientific and Technological Cooperation was signed in 2007 between TECC and ITA. Another cooperation agreement was signed in 2012 between ROC (Taiwan) Academia Sinica and the Indian National Science Academy. Bilateral meetings and academic seminars are held annually. In March 2019, 86 joint projects and proposals were implemented, while 24 seminars were held bilaterally. However, the amount of the credit may not exceed the amount of Chinese tax on this income, calculated in accordance with Chinese tax laws and regulations. However, the amount of the credit must not exceed the amount of tax on such income in the first zone, calculated in accordance with its legislation and tax rules. .