https://www.taxtmi.com/acts?id=5416 Income from immovable property derived by a resident of one Contracting State from property situated in the other Contracting State may be taxed in the State where the property is located; this includes income from agriculture or forestry and from direct use, letting or other use. "Immovable property" is defined by the law of the State where situated and includes accessories, agricultural livestock and equipment, landed-property rights, usufruct and payments for working mineral deposits and other natural resources, while ships, boats and aircraft are excluded. The rule applies to enterprise income and income used for independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 16 Nov 2024 12:27:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5416 Income from immovable property derived by a resident of one Contracting State from property situated in the other Contracting State may be taxed in the State where the property is located; this includes income from agriculture or forestry and from direct use, letting or other use. "Immovable property" is defined by the law of the State where situated and includes accessories, agricultural livestock and equipment, landed-property rights, usufruct and payments for working mineral deposits and other natural resources, while ships, boats and aircraft are excluded. The rule applies to enterprise income and income used for independent personal services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5416