https://www.taxtmi.com/acts?id=5658 Income derived by a resident from immovable property situated in the other Contracting State may be taxed in that other State. "Immovable property" is defined by the law of the State where the property is situated and includes accessories, livestock and equipment used in agriculture and forestry, usufruct, and rights to payments for working or the right to work mineral deposits and other natural resources, while excluding ships and aircraft. The taxation rule covers direct use, letting or other forms of use and applies to enterprise income and income used for independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 07 Oct 2024 15:47:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5658 Income derived by a resident from immovable property situated in the other Contracting State may be taxed in that other State. "Immovable property" is defined by the law of the State where the property is situated and includes accessories, livestock and equipment used in agriculture and forestry, usufruct, and rights to payments for working or the right to work mineral deposits and other natural resources, while excluding ships and aircraft. The taxation rule covers direct use, letting or other forms of use and 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=5658