https://www.taxtmi.com/acts?id=23467 Income from immovable property may be taxed in the State where the property is situated; this covers income from direct use, letting or other exploitation. "Immovable property" is defined under the law of the State where the property is located and includes accessories, agricultural livestock and equipment, rights under landed property law, usufruct, and payments for working mineral deposits and natural resources; ships, boats and aircraft are excluded. The rule also applies to income of enterprises and income from property used for independent personal services. en-us Tue, 17 Jan 2017 10:02:42 +0530 Thu, 14 Nov 2024 16:42:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23467 Income from immovable property may be taxed in the State where the property is situated; this covers income from direct use, letting or other exploitation. "Immovable property" is defined under the law of the State where the property is located and includes accessories, agricultural livestock and equipment, rights under landed property law, usufruct, and payments for working mineral deposits and natural resources; ships, boats and aircraft are excluded. The rule also applies to income of enterprises and income from property used for independent personal services. Act-Rules DTAA Tue, 17 Jan 2017 10:02:42 +0530 https://www.taxtmi.com/acts?id=23467