https://www.taxtmi.com/acts?id=15056 Income from immovable property may be taxed by the Contracting State where the property is situated. "Immovable property" is defined under the law of that State and includes accessory property, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct, and rights to payments for exploiting mineral deposits and other natural resources; ships, boats and aircraft are excluded. The rule covers income from direct use, letting or other use and applies to enterprise income and income from immovable property used for independent personal services. en-us Tue, 30 Aug 2011 14:22:57 +0530 Thu, 28 Nov 2024 12:36:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15056 Income from immovable property may be taxed by the Contracting State where the property is situated. "Immovable property" is defined under the law of that State and includes accessory property, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct, and rights to payments for exploiting mineral deposits and other natural resources; ships, boats and aircraft are excluded. The rule covers income from direct use, letting or other use and applies to enterprise income and income from immovable property used for independent personal services. Act-Rules DTAA Tue, 30 Aug 2011 14:22:57 +0530 https://www.taxtmi.com/acts?id=15056