https://www.taxtmi.com/acts?id=6312 Income from immovable property is taxable in the Contracting State where the property is situated. Immovable property is defined by the law and usage of that State and includes accessories to land, agricultural and forestry livestock and equipment, rights subject to landed property law, usufruct, and rights to payments for working or the right to work mineral deposits, oil wells, quarries and other extraction sites, excluding ships, boats and aircraft. The rule covers income from direct use, letting or other use, including enterprise income and income from property used to perform professional services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 25 Nov 2024 12:14:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6312 Income from immovable property is taxable in the Contracting State where the property is situated. Immovable property is defined by the law and usage of that State and includes accessories to land, agricultural and forestry livestock and equipment, rights subject to landed property law, usufruct, and rights to payments for working or the right to work mineral deposits, oil wells, quarries and other extraction sites, excluding ships, boats and aircraft. The rule covers income from direct use, letting or other use, including enterprise income and income from property used to perform professional services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6312