https://www.taxtmi.com/acts?id=4189 Income from real property may be taxed in the Contracting State where the property is situated. The Article defines real property for Australia and India to include leases, other interests, accessory property, usufruct and rights to payments tied to working, exploration or exploitation of mineral deposits, oil or gas wells, quarries and other natural resources. Such interests are situated where the underlying land or resources are located or where exploration may occur. The situs rule applies to income from direct use, letting or other forms of use and covers enterprise property income and income from property used for independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 25 Nov 2024 15:00:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4189 Income from real property may be taxed in the Contracting State where the property is situated. The Article defines real property for Australia and India to include leases, other interests, accessory property, usufruct and rights to payments tied to working, exploration or exploitation of mineral deposits, oil or gas wells, quarries and other natural resources. Such interests are situated where the underlying land or resources are located or where exploration may occur. The situs rule applies to income from direct use, letting or other forms of use and covers enterprise property income and income from property used for independent personal services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4189