https://www.taxtmi.com/acts?id=45132 Income derived by a resident of one Contracting State from immovable property situated in the other State may be taxed in the State where the property is situated; this includes income from agriculture and forestry and from direct use, letting or other use. "Immovable property" is defined by the law of the State where the property is located and includes accessory property, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct, and payment rights for working mineral deposits and natural resources; ships and aircraft are excluded. The taxation rule also applies to enterprise property income and property used for independent personal services. en-us Thu, 17 Oct 2024 15:33:22 +0530 Wed, 23 Oct 2024 16:31:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45132 Income derived by a resident of one Contracting State from immovable property situated in the other State may be taxed in the State where the property is situated; this includes income from agriculture and forestry and from direct use, letting or other use. "Immovable property" is defined by the law of the State where the property is located and includes accessory property, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct, and payment rights for working mineral deposits and natural resources; ships and aircraft are excluded. The taxation rule also applies to enterprise property income and property used for independent personal services. Act-Rules DTAA Thu, 17 Oct 2024 15:33:22 +0530 https://www.taxtmi.com/acts?id=45132