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Understanding Section 115VR of the Income Tax Act: Renewal of Tonnage Tax Scheme

Post author:vineet
Post published:October 23, 2024
Post category:Blog
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When it comes to tax benefits for shipping companies, the tonnage tax scheme stands out as a specialized taxation regime. Section 115VR of the Income Tax Act plays a crucial…

Understanding Section 115VP of the Income Tax Act: Method and Time of Opting for the Tonnage Tax Scheme

Post author:vineet
Post published:October 23, 2024
Post category:Blog
Post comments:0 Comments

In India, the Income Tax Act provides various taxation schemes to ease the compliance burden on specific industries. One such scheme, specifically tailored for qualifying shipping companies, is the tonnage…

Understanding Section 115VR of the Income Tax Act: Renewal of Tonnage Tax Scheme

Understanding Section 115VP of the Income Tax Act: Method and Time of Opting for the Tonnage Tax Scheme

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