https://www.taxtmi.com/acts?id=5629 Income from immovable property located in a Contracting State may be taxed in that State when derived by a resident of the other State, covering direct use, letting or other forms of use. Immovable property is to be defined by the law of the State where the property is situated and includes accessories, agricultural livestock and equipment, usufruct, and rights to payments for working or rights to work mineral resources, while excluding ships, boats and aircraft. The Article also applies to enterprise income from immovable property and to property used for independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 29 Aug 2024 10:30:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5629 Income from immovable property located in a Contracting State may be taxed in that State when derived by a resident of the other State, covering direct use, letting or other forms of use. Immovable property is to be defined by the law of the State where the property is situated and includes accessories, agricultural livestock and equipment, usufruct, and rights to payments for working or rights to work mineral resources, while excluding ships, boats and aircraft. The Article also applies to enterprise income from immovable property and to property used for independent personal services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5629