https://www.taxtmi.com/acts?id=4592 Income from immovable property of a resident may be taxed in the State where the property is situated; immovable property is defined by the law of that State and includes accessories, agricultural livestock and equipment, rights governed by landed property law, usufruct and payments for working or rights to exploit mineral deposits and other natural resources, while excluding ships, boats and aircraft; the rule applies to income from direct use, letting or other use, and to enterprise income and income used for independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 15 Nov 2024 17:12:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4592 Income from immovable property of a resident may be taxed in the State where the property is situated; immovable property is defined by the law of that State and includes accessories, agricultural livestock and equipment, rights governed by landed property law, usufruct and payments for working or rights to exploit mineral deposits and other natural resources, while excluding ships, boats and aircraft; the rule applies to income from direct use, letting or other use, and to enterprise income and income used for independent personal services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4592