https://www.taxtmi.com/acts?id=4350 Income derived by a resident of one Contracting State from immovable property situated in the other Contracting State may be taxed in the State where the property is situated; this includes agriculture and forestry and income from direct use, letting or other forms of exploitation. "Immovable property" is defined by the law of the State where the property is located and excludes ships, boats, motor vehicles and aircraft. The rule applies to enterprise-owned immovable property and to property used to perform independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 17 Oct 2024 10:24:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4350 Income derived by a resident of one Contracting State from immovable property situated in the other Contracting State may be taxed in the State where the property is situated; this includes agriculture and forestry and income from direct use, letting or other forms of exploitation. "Immovable property" is defined by the law of the State where the property is located and excludes ships, boats, motor vehicles and aircraft. The rule applies to enterprise-owned immovable property and to property used to perform independent personal services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4350