https://www.taxtmi.com/acts?id=5930 Income from immovable property may be taxed in the Contracting State where the property is situated. "Immovable property" is defined by local law and includes accessories, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct, and payments for working or rights to work mineral deposits, oil wells, quarries and other extraction places; ships and aircraft are excluded. The rule covers income from direct use, letting or other forms of use and applies to enterprise property and property used to perform professional services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 05 Mar 2009 10:10:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5930 Income from immovable property may be taxed in the Contracting State where the property is situated. "Immovable property" is defined by local law and includes accessories, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct, and payments for working or rights to work mineral deposits, oil wells, quarries and other extraction places; ships and aircraft are excluded. The rule covers income from direct use, letting or other forms of use and applies to 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=5930