https://www.taxtmi.com/acts?id=5871 Income from immovable property may be taxed in the Contracting State where the property is situated; immovable property is defined by that State's law and includes accessories, agricultural livestock and equipment, rights governed by landed property law, usufruct, and rights to payments for working mineral deposits and other extraction sites, while excluding ships and aircraft. The situs taxation rule applies to income from direct use, letting or other uses of immovable property and extends to property income of enterprises and property used for professional services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 27 Nov 2024 16:47:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5871 Income from immovable property may be taxed in the Contracting State where the property is situated; immovable property is defined by that State's law and includes accessories, agricultural livestock and equipment, rights governed by landed property law, usufruct, and rights to payments for working mineral deposits and other extraction sites, while excluding ships and aircraft. The situs taxation rule applies to income from direct use, letting or other uses of immovable property and extends to property income of enterprises and property used for professional services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5871