https://www.taxtmi.com/acts?id=5810 Income from immovable property may be taxed in the Contracting State where the property is situated; this covers income from agriculture and forestry and from direct use, letting or other forms of use. "Immovable property" is defined by the law of the situs State and includes property accessories, livestock, agricultural and forestry equipment, rights governed by landed property law, usufruct, and rights to payments for working or rights to work mineral deposits and natural resources, while excluding ships, boats and aircraft. The rule also applies to enterprises and independent personal services using immovable property. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 27 Nov 2024 13:03:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5810 Income from immovable property may be taxed in the Contracting State where the property is situated; this covers income from agriculture and forestry and from direct use, letting or other forms of use. "Immovable property" is defined by the law of the situs State and includes property accessories, livestock, agricultural and forestry equipment, rights governed by landed property law, usufruct, and rights to payments for working or rights to work mineral deposits and natural resources, while excluding ships, boats and aircraft. The rule also applies to enterprises and independent personal services using immovable property. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5810