https://www.taxtmi.com/acts?id=10340 Income derived by a resident of one Contracting State from immovable property situated in the other Contracting State may be taxed in the State where the property is located. Immovable property is defined by local law and includes accessories, livestock and equipment used in agriculture and forestry, usufruct, and rights to payments for working mineral deposits and other natural resources; ships, boats and aircraft are excluded. The rule covers income from direct use, letting or other forms of use, and applies to enterprise income and income from independent personal services. en-us Sat, 17 Jan 2009 18:32:11 +0530 Mon, 25 Nov 2024 12:59:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10340 Income derived by a resident of one Contracting State from immovable property situated in the other Contracting State may be taxed in the State where the property is located. Immovable property is defined by local law and includes accessories, livestock and equipment used in agriculture and forestry, usufruct, and rights to payments for working mineral deposits and other natural resources; ships, boats and aircraft are excluded. The rule covers income from direct use, letting or other forms of use, and applies to enterprise income and income from independent personal services. Act-Rules DTAA Sat, 17 Jan 2009 18:32:11 +0530 https://www.taxtmi.com/acts?id=10340