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    <title>Income from immovable property</title>
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    <description>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 the law of the State where the property lies and includes accessories, agricultural livestock and equipment, usufructs, and payments for working mineral deposits; ships and aircraft are excluded. The rule covers income from direct use, letting or other use and applies to enterprises and independent personal services.</description>
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      <description>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 the law of the State where the property lies and includes accessories, agricultural livestock and equipment, usufructs, and payments for working mineral deposits; ships and aircraft are excluded. The rule covers income from direct use, letting or other use and applies to enterprises and independent personal services.</description>
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      <pubDate>Wed, 16 Oct 2024 17:18:10 +0530</pubDate>
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