https://www.taxtmi.com/acts?id=44847 Income from immovable property of a resident may be taxed in the State where the property is situated, including income from agriculture and forestry. Immovable property is defined by the law of the State where the property lies and includes accessories, livestock and equipment used in agriculture and forestry, rights governed by landed property law, usufruct, and payments for working or rights to work mineral deposits and other natural resources; ships and aircraft are excluded. The taxing rule covers direct use, letting or other use and extends to enterprise income and income used for independent personal services. en-us Wed, 16 Oct 2024 15:52:12 +0530 Tue, 22 Oct 2024 15:09:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=44847 Income from immovable property of a resident may be taxed in the State where the property is situated, including income from agriculture and forestry. Immovable property is defined by the law of the State where the property lies and includes accessories, livestock and equipment used in agriculture and forestry, rights governed by landed property law, usufruct, and payments for working or rights to work mineral deposits and other natural resources; ships and aircraft are excluded. The taxing rule covers direct use, letting or other use and extends to enterprise income and income used for independent personal services. Act-Rules DTAA Wed, 16 Oct 2024 15:52:12 +0530 https://www.taxtmi.com/acts?id=44847