https://www.taxtmi.com/acts?id=45067 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. This rule applies to income from direct use, letting or other forms of exploitation, and extends to enterprise income and income used for independent personal services. Immovable property is defined by the law of the State where the property is situated and includes accessories, agricultural livestock and equipment, rights treated as landed property, usufruct, and rights to payments for working or rights to work mineral deposits and other natural resources; ships, boats and aircraft are excluded. en-us Wed, 16 Oct 2024 18:23:28 +0530 Tue, 22 Oct 2024 14:19:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45067 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. This rule applies to income from direct use, letting or other forms of exploitation, and extends to enterprise income and income used for independent personal services. Immovable property is defined by the law of the State where the property is situated and includes accessories, agricultural livestock and equipment, rights treated as landed property, usufruct, and rights to payments for working or rights to work mineral deposits and other natural resources; ships, boats and aircraft are excluded. Act-Rules DTAA Wed, 16 Oct 2024 18:23:28 +0530 https://www.taxtmi.com/acts?id=45067