https://www.taxtmi.com/acts?id=4578 Immovable property is taxable in the State where situated; movable property forming part of a permanent establishment or pertaining to a fixed base used for independent personal services may be taxed in the State where that establishment or base is located. Ships and aircraft operated in international traffic, and movable property used in their operation, are taxable only in the State of residence of the enterprise. All other elements of a resident's capital are taxable only in the State of residence. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 15 Nov 2024 16:24:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4578 Immovable property is taxable in the State where situated; movable property forming part of a permanent establishment or pertaining to a fixed base used for independent personal services may be taxed in the State where that establishment or base is located. Ships and aircraft operated in international traffic, and movable property used in their operation, are taxable only in the State of residence of the enterprise. All other elements of a resident's capital are taxable only in the State of residence. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4578