https://www.taxtmi.com/acts?id=15165 Income from immovable property of a resident deriving from property situated in the other territory may be taxed in the territory where the property is located. "Immovable property" is defined by local law and includes accessories, livestock and equipment used in agriculture and forestry, rights governed by landed property law, usufructs, and rights to payments for working mineral deposits and other natural resources, but excludes ships, boats and aircraft. The rule covers income from direct use, letting or other forms of use and applies to enterprises and to property used for independent personal services. en-us Mon, 12 Sep 2011 18:29:35 +0530 Sat, 31 Aug 2024 13:22:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15165 Income from immovable property of a resident deriving from property situated in the other territory may be taxed in the territory where the property is located. "Immovable property" is defined by local law and includes accessories, livestock and equipment used in agriculture and forestry, rights governed by landed property law, usufructs, and rights to payments for working mineral deposits and other natural resources, but excludes ships, boats and aircraft. The rule covers income from direct use, letting or other forms of use and applies to enterprises and to property used for independent personal services. Act-Rules DTAA Mon, 12 Sep 2011 18:29:35 +0530 https://www.taxtmi.com/acts?id=15165