Exemption under Tonnage Tax Scheme - liquidated damages - ...

Income Tax

September 13, 2022

Exemption under Tonnage Tax Scheme - liquidated damages - disallowance of ‘other operating revenue’ claimed by the assessee as exempt income - liquidated damages cannot be held to be from the core activity of the shipping and does not form part for computation in tonnage tax. - AT

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Exemption under Tonnage Tax Scheme - liquidated damages - ...

Income Tax

September 13, 2022

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