https://www.taxtmi.com/acts?id=4530 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 located; this includes income from agriculture and forestry and receipts from direct use, letting, or other utilization of the property. The term immovable property is determined by the law of the State where the property is situated and includes property accessories, agricultural livestock and equipment, landed-property rights, usufructs, and rights to payments for working mineral deposits and other natural resources, while excluding ships, boats and aircraft. These provisions also apply to enterprises and to property used for independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 05 Mar 2009 10:40:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4530 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 located; this includes income from agriculture and forestry and receipts from direct use, letting, or other utilization of the property. The term immovable property is determined by the law of the State where the property is situated and includes property accessories, agricultural livestock and equipment, landed-property rights, usufructs, and rights to payments for working mineral deposits and other natural resources, while excluding ships, boats and aircraft. These provisions also apply to enterprises and to property used for independent personal services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4530