https://www.taxtmi.com/acts?id=5718 Income derived by a resident from immovable property situated in the other Contracting State may be taxed in that State, including income from agriculture and forestry and income from direct use, letting or other forms of use. "Immovable property" is defined by the law of the State where the property is located and includes accessories to land, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct, and rights to payments for working or the right to work mineral deposits and natural resources; ships, boats and aircraft are excluded. The rule also applies to enterprise income and income used for independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 29 Aug 2024 18:07:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5718 Income derived by a resident from immovable property situated in the other Contracting State may be taxed in that State, including income from agriculture and forestry and income from direct use, letting or other forms of use. "Immovable property" is defined by the law of the State where the property is located and includes accessories to land, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct, and rights to payments for working or the right to work mineral deposits and natural resources; ships, boats and aircraft are excluded. The rule also 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=5718