https://www.taxtmi.com/acts?id=16776 Income from immovable property may be taxed in the Contracting State where the property is situated, including income from agriculture and forestry and income from direct use, letting or other use. "Immovable property" is determined by the law of the State where the property lies and includes accessories to land, livestock and equipment used in agriculture and forestry, options to acquire property, usufruct, rights to payments for working mineral deposits and other natural resources, and rights to assets from sea bed exploration; ships, boats and aircraft are excluded. The provision covers enterprise income and income used for independent personal services. en-us Tue, 31 Jul 2012 12:26:23 +0530 Tue, 26 Nov 2024 10:51:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16776 Income from immovable property may be taxed in the Contracting State where the property is situated, including income from agriculture and forestry and income from direct use, letting or other use. "Immovable property" is determined by the law of the State where the property lies and includes accessories to land, livestock and equipment used in agriculture and forestry, options to acquire property, usufruct, rights to payments for working mineral deposits and other natural resources, and rights to assets from sea bed exploration; ships, boats and aircraft are excluded. The provision covers enterprise income and income used for independent personal services. Act-Rules DTAA Tue, 31 Jul 2012 12:26:23 +0530 https://www.taxtmi.com/acts?id=16776