https://www.taxtmi.com/acts?id=5295 Income from immovable property of a resident may be taxed in the State where the property is situated. The term follows the law of the State where the property is located and includes accessories, agricultural livestock and equipment, rights governed by landed property law, usufruct and rights to payments for exploiting mineral deposits and other natural resources, while excluding ships, boats and aircraft. The taxation rule covers income from direct use, letting or other forms of use and applies to enterprise property income and property used to provide independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 05 Mar 2009 10:58:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5295 Income from immovable property of a resident may be taxed in the State where the property is situated. The term follows the law of the State where the property is located and includes accessories, agricultural livestock and equipment, rights governed by landed property law, usufruct and rights to payments for exploiting mineral deposits and other natural resources, while excluding ships, boats and aircraft. The taxation rule covers income from direct use, letting or other forms of use and applies to enterprise property income and property used to provide independent personal services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5295