https://www.taxtmi.com/acts?id=5961 Income from immovable property may be taxed in the Contracting State where the property is situated. "Immovable property" as defined by local law includes property accessory to land, livestock and equipment used in agriculture and forestry, rights covered by landed property law, usufructs, and rights to payments for working or the right to work mineral deposits and other natural resources; ships, boats and aircraft are excluded. The rule covers income from direct use, letting or other use, and applies to enterprise property income and property used for independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 05 Mar 2009 11:48:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5961 Income from immovable property may be taxed in the Contracting State where the property is situated. "Immovable property" as defined by local law includes property accessory to land, livestock and equipment used in agriculture and forestry, rights covered by landed property law, usufructs, and rights to payments for working or the right to work mineral deposits and other natural resources; ships, boats and aircraft are excluded. The rule covers income from direct use, letting or other use, and applies to enterprise property income and property used for independent personal services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5961