https://www.taxtmi.com/acts?id=5538 Income from immovable property situated in one Contracting State and received by a resident of the other may be taxed in the State where the property is located; this includes income from agriculture and forestry and from direct use, letting or other use. The definition of immovable property follows the law of the State where the property is situated and includes accessories, livestock and equipment used in agriculture and forestry, usufruct, and payments for working or rights to work natural resources; ships, boats and aircraft are excluded. The rule also covers enterprise property income and property used for independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 18 Nov 2024 17:00:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5538 Income from immovable property situated in one Contracting State and received by a resident of the other may be taxed in the State where the property is located; this includes income from agriculture and forestry and from direct use, letting or other use. The definition of immovable property follows the law of the State where the property is situated and includes accessories, livestock and equipment used in agriculture and forestry, usufruct, and payments for working or rights to work natural resources; ships, boats and aircraft are excluded. The rule also covers 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=5538