https://www.taxtmi.com/acts?id=5176 Income from immovable property may be taxed in the Contracting State where the property is situated. Immovable property is defined by that State's law and usage and includes accessories, agricultural livestock and equipment, rights subject to landed property law, usufruct and payments for working mineral deposits, while ships, boats and aircraft are excluded. The situs State's taxing right covers income from direct use, letting or other use, and applies to enterprise income and income used to provide independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 28 Nov 2024 12:14:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5176 Income from immovable property may be taxed in the Contracting State where the property is situated. Immovable property is defined by that State's law and usage and includes accessories, agricultural livestock and equipment, rights subject to landed property law, usufruct and payments for working mineral deposits, while ships, boats and aircraft are excluded. The situs State's taxing right covers income from direct use, letting or other use, and applies to enterprise income and income used to provide independent personal services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5176