https://www.taxtmi.com/acts?id=10379 Capital gains from alienation of immovable property located in the other Contracting State may be taxed by that State. Gains from disposal of movable property forming part of a permanent establishment or pertaining to a fixed base in the other State, including disposal of that permanent establishment or fixed base, may be taxed by that State. Gains from ships or aircraft operated in international traffic are taxable only in the State of enterprise residence. Shares whose value principally derives from immovable property may be taxed where the immovable property is situated; other share disposals may be taxed in the company's residence. Other gains are taxable only in the alienator's State of residence. en-us Sat, 17 Jan 2009 19:01:00 +0530 Tue, 26 Nov 2024 12:42:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10379 Capital gains from alienation of immovable property located in the other Contracting State may be taxed by that State. Gains from disposal of movable property forming part of a permanent establishment or pertaining to a fixed base in the other State, including disposal of that permanent establishment or fixed base, may be taxed by that State. Gains from ships or aircraft operated in international traffic are taxable only in the State of enterprise residence. Shares whose value principally derives from immovable property may be taxed where the immovable property is situated; other share disposals may be taxed in the company's residence. Other gains are taxable only in the alienator's State of residence. Act-Rules DTAA Sat, 17 Jan 2009 19:01:00 +0530 https://www.taxtmi.com/acts?id=10379