https://www.taxtmi.com/acts?id=4218 Income derived by a resident from immovable property situated in the other Contracting State may be taxed in that State, including income from agriculture and forestry. The term immovable property is determined by the law of the State where the property lies and includes accessories, livestock, agricultural equipment, rights governed by landed property law, usufruct and payments for working mineral deposits, while excluding ships, boats and aircraft. The taxing right applies to direct use, letting or other uses and extends to enterprise income and immovable property used for independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 11 Oct 2024 16:22:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4218 Income derived by a resident from immovable property situated in the other Contracting State may be taxed in that State, including income from agriculture and forestry. The term immovable property is determined by the law of the State where the property lies and includes accessories, livestock, agricultural equipment, rights governed by landed property law, usufruct and payments for working mineral deposits, while excluding ships, boats and aircraft. The taxing right applies to direct use, letting or other uses and extends to enterprise income and immovable property used for independent personal services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4218