https://www.taxtmi.com/acts?id=5900 Income from immovable property is taxable in the Contracting State where the property is situated, applying to income from direct use, letting or any other form of use. "Immovable property" is defined by local law and usage and includes accessories, agricultural livestock and equipment, rights governed by landed property law, usufruct, and payments for working or rights to work mineral deposits, oil wells, quarries and other extraction sites; ships and aircraft are excluded. The provision covers enterprise property and property used to perform professional services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 05 Mar 2009 10:06:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5900 Income from immovable property is taxable in the Contracting State where the property is situated, applying to income from direct use, letting or any other form of use. "Immovable property" is defined by local law and usage and includes accessories, agricultural livestock and equipment, rights governed by landed property law, usufruct, and payments for working or rights to work mineral deposits, oil wells, quarries and other extraction sites; ships and aircraft are excluded. The provision covers enterprise property and property used to perform professional services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5900