https://www.taxtmi.com/acts?id=51335 Capital represented by immovable property situated in the other Contracting State may be taxed in that State. Movable property forming part of the business property of a permanent establishment may be taxed in the State where the permanent establishment is located. Capital of an enterprise operating ships or aircraft in international traffic, represented by such vessels and by movable property pertaining to their operation, is taxable only in the State of residence. All other elements of capital of a resident are taxable only in the State of residence. en-us Wed, 21 May 2025 14:22:53 +0530 Thu, 22 May 2025 13:00:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51335 Capital represented by immovable property situated in the other Contracting State may be taxed in that State. Movable property forming part of the business property of a permanent establishment may be taxed in the State where the permanent establishment is located. Capital of an enterprise operating ships or aircraft in international traffic, represented by such vessels and by movable property pertaining to their operation, is taxable only in the State of residence. All other elements of capital of a resident are taxable only in the State of residence. Act-Rules DTAA Wed, 21 May 2025 14:22:53 +0530 https://www.taxtmi.com/acts?id=51335