https://www.taxtmi.com/acts?id=5272 Gains from alienation of immovable property and of shares or interests whose assets mainly consist of such property may be taxed in the State where the property is located. 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 permanent establishment or fixed base exists, including on disposition of that establishment or base. Ships or aircraft operated in international traffic are taxable only in the State of the enterprise's place of effective management. Other property gains are taxable only in the alienator's State of residence. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 27 Nov 2024 12:20:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5272 Gains from alienation of immovable property and of shares or interests whose assets mainly consist of such property may be taxed in the State where the property is located. 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 permanent establishment or fixed base exists, including on disposition of that establishment or base. Ships or aircraft operated in international traffic are taxable only in the State of the enterprise's place of effective management. Other property 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=5272