https://www.taxtmi.com/acts?id=5568 Income from immovable property is taxable only in the Contracting State where the property is situated; this rule covers income from direct use, letting or other use, and applies equally to income of an enterprise and to income from immovable property used for independent personal services. The term immovable property is defined by the law and usage of the State where the property is situated and includes accessories, agricultural and forestry livestock and equipment, usufruct, and rights to payments for working mineral deposits and other extraction sites, while excluding ships and aircraft. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 05 Mar 2009 10:57:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5568 Income from immovable property is taxable only in the Contracting State where the property is situated; this rule covers income from direct use, letting or other use, and applies equally to income of an enterprise and to income from immovable property used for independent personal services. The term immovable property is defined by the law and usage of the State where the property is situated and includes accessories, agricultural and forestry livestock and equipment, usufruct, and rights to payments for working mineral deposits and other extraction sites, while excluding ships and aircraft. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5568