https://www.taxtmi.com/acts?id=4714 Under the DTAA, the source State may tax gains from alienation of immovable property situated in that State and gains from movable property forming part of a permanent establishment or pertaining to a fixed base in that State, including disposal of the permanent establishment or fixed base. Gains from ships or aircraft in international traffic are taxable only in the State of the enterprise's place of effective management. Disposal of shares in a resident company may be taxed by that State, while other capital gains are taxable only in the alienator's State of residence. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 20 Nov 2024 14:52:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4714 Under the DTAA, the source State may tax gains from alienation of immovable property situated in that State and gains from movable property forming part of a permanent establishment or pertaining to a fixed base in that State, including disposal of the permanent establishment or fixed base. Gains from ships or aircraft in international traffic are taxable only in the State of the enterprise's place of effective management. Disposal of shares in a resident company may be taxed by that State, while other capital gains are taxable only in the alienator's State of residence. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4714