Income-tax (Eighth Amendment) Rules, 2005

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... mend the Income-tax Rules, 1962, namely: 1. (1) These rules may be called the Income-tax (Eighth Amendment) Rules, 2005. (2) They shall come into force on the 1st day of April, 2005. 2. In the Income-tax Rules, 1962 ( a ) in Part II, in sub-part G, after rule 11P, the following rules shall be inserted, namely: 11Q. Computation of deemed tonnage - (1) For the purpose of the Explanatio .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... r purposes of relevant shipping income - The incidental activities (details given in Note 5 appearing after the corresponding Form No. 66) referred to in sub-section (5) of section 115VI shall be the following, namely : ( i ) maritime consultancy charges; ( ii ) income from loading or unloading of cargo; ( iii ) ship management fees or remuneration received for managed vessels; and ( iv ) .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X