https://www.taxtmi.com/acts?id=18941 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 accessory property, agricultural and forestry equipment and livestock, certain rights and usufruct, and payments for working natural resources; ships, boats and aircraft are excluded. The rule covers income from direct use, letting or other uses and applies to enterprise income and income from independent personal services. en-us Mon, 01 Sep 2014 13:01:16 +0530 Mon, 18 Nov 2024 16:04:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18941 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 accessory property, agricultural and forestry equipment and livestock, certain rights and usufruct, and payments for working natural resources; ships, boats and aircraft are excluded. The rule covers income from direct use, letting or other uses and applies to enterprise income and income from independent personal services. Act-Rules DTAA Mon, 01 Sep 2014 13:01:16 +0530 https://www.taxtmi.com/acts?id=18941