https://www.taxtmi.com/acts?id=45284 Income from immovable property is taxable only in the Contracting State where the property is situated. "Immovable property" is defined by that State's law and usage and includes accessories, agricultural and forestry livestock and equipment, rights governed by landed property law, usufruct, and rights to payments for working mineral deposits and other extraction sites; ships and aircraft are excluded. The exclusive taxation rule covers income from direct use, letting or other forms of use, and applies to enterprise property income and property used for professional services. en-us Fri, 18 Oct 2024 11:26:05 +0530 Fri, 18 Oct 2024 11:26:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45284 Income from immovable property is taxable only in the Contracting State where the property is situated. "Immovable property" is defined by that State's law and usage and includes accessories, agricultural and forestry livestock and equipment, rights governed by landed property law, usufruct, and rights to payments for working mineral deposits and other extraction sites; ships and aircraft are excluded. The exclusive taxation rule covers income from direct use, letting or other forms of use, and applies to enterprise property income and property used for professional services. Act-Rules DTAA Fri, 18 Oct 2024 11:26:05 +0530 https://www.taxtmi.com/acts?id=45284