Section 115VOCentral Act

Section 115VO: Exclusion from provisions of section 115-JB

The Income-tax Act, 1961

Exclusion from provisions of section 115-JB.

- The book profit or loss derived from the activities of a tonnage tax company, referred to in sub-section (1) of section 115-VI, shall be excluded from the book profit of the company for the purposes of section 115-JB.C.-Procedure for option of tonnage tax scheme

Sec 115VN — Chargeable gains from transfer of tonnage tax assets

Sec 115VP — Method and time of opting for tonnage tax scheme

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