We are US company working in Indian projects .clients deduct with holding taxes @ 20 % how we can get a relief of this amount while we pay our taxes in US . Isthere a treaty in between US India on double taxations. Can some expert help us throwing some light on this . The taxes which we paid here as with holding taxes can that be acceptable in US while computing my taxation of that year > Please help .
Pat

Yes, on many types of payments Indian companies deduct tax at source or withholding tax.

On your U.S. tax return, you will show the payment received as foreign income. Then you will also file Form 1116 to claim foreign tax credit.