https://www.taxtmi.com/acts?id=5477 Income derived by a resident of one Contracting State from immovable property situated in the other Contracting State may be taxed in the State where the property is situated; immovable property is defined by the law of the situs State and includes accessories, agricultural livestock and equipment, land-related rights, usufruct and payments for working natural resources, while excluding ships, boats and aircraft. The provision covers direct use, letting and other forms of use and applies to enterprise property income and property used for independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 18 Nov 2024 11:02:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5477 Income derived by a resident of one Contracting State from immovable property situated in the other Contracting State may be taxed in the State where the property is situated; immovable property is defined by the law of the situs State and includes accessories, agricultural livestock and equipment, land-related rights, usufruct and payments for working natural resources, while excluding ships, boats and aircraft. The provision covers direct use, letting and other forms of use and applies to enterprise property income and property used for independent personal services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5477