https://www.taxtmi.com/acts?id=6319 Capital gains from alienation of immovable property are taxable in the State where the property is situated. Gains from alienation of movable property forming part of a permanent establishment or pertaining to a fixed base used for professional services may be taxed in the State of that permanent establishment or fixed base, including disposals of the establishment or base. Ships and aircraft operated in international traffic and related movable property are taxable only in the enterprise's State of residence. Other gains are taxable only in the resident's State. "Alienation" includes sale, transfer, extinguishment of rights, and compulsory acquisition. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 25 Nov 2024 12:15:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6319 Capital gains from alienation of immovable property are taxable in the State where the property is situated. Gains from alienation of movable property forming part of a permanent establishment or pertaining to a fixed base used for professional services may be taxed in the State of that permanent establishment or fixed base, including disposals of the establishment or base. Ships and aircraft operated in international traffic and related movable property are taxable only in the enterprise's State of residence. Other gains are taxable only in the resident's State. "Alienation" includes sale, transfer, extinguishment of rights, and compulsory acquisition. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6319