https://www.taxtmi.com/acts?id=6250 Income derived by a resident of one Contracting State from immovable property situated in the other Contracting State may be taxed in that other State; immovable property is defined by the law of the State where the property is located and includes accessories, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct and payments for working mineral deposits, while ships, boats and aircraft are not regarded as immovable property. The taxing right also covers income from direct use, letting or other forms of use, including income of an enterprise and income used for independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 22 Nov 2024 16:17:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6250 Income derived by a resident of one Contracting State from immovable property situated in the other Contracting State may be taxed in that other State; immovable property is defined by the law of the State where the property is located and includes accessories, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct and payments for working mineral deposits, while ships, boats and aircraft are not regarded as immovable property. The taxing right also covers income from direct use, letting or other forms of use, including income of an enterprise and income used for independent personal services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6250