https://www.taxtmi.com/acts?id=6140 Income from immovable property derived by a resident of one Contracting State may be taxed in the State where the property is situated. Immovable property is defined by the law of the State where the property lies and includes accessories, livestock and equipment used in agriculture and forestry, rights governed by landed property law, usufruct, and payments for working or rights to work mineral deposits and other natural resources; ships, boats, aircraft and motor vehicles are excluded. The rule covers direct use, letting or other use and applies to enterprise income and income linked to independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 21 Nov 2024 16:33:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6140 Income from immovable property derived by a resident of one Contracting State may be taxed in the State where the property is situated. Immovable property is defined by the law of the State where the property lies and includes accessories, livestock and equipment used in agriculture and forestry, rights governed by landed property law, usufruct, and payments for working or rights to work mineral deposits and other natural resources; ships, boats, aircraft and motor vehicles are excluded. The rule covers direct use, letting or other use and applies to enterprise income and income linked to independent personal services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6140