https://www.taxtmi.com/acts?id=4995 Income from immovable property, including agricultural and forestry income, may be taxed in the Contracting State where the property is situated; immovable property is defined by that State's law and includes accessories to land, livestock and equipment used in agriculture and forestry, rights governed by landed property law, usufruct and rights to payments for working mineral deposits, while ships, boats and aircraft are excluded; the rule covers direct use, letting, other forms of use and profits from alienation and applies to enterprise property income and property used for professional services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 05 Mar 2009 10:43:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4995 Income from immovable property, including agricultural and forestry income, may be taxed in the Contracting State where the property is situated; immovable property is defined by that State's law and includes accessories to land, livestock and equipment used in agriculture and forestry, rights governed by landed property law, usufruct and rights to payments for working mineral deposits, while ships, boats and aircraft are excluded; the rule covers direct use, letting, other forms of use and profits from alienation and applies to enterprise property income and property used for professional services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4995