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Application for exercising / renewing option for the tonnage tax scheme under sub-section (1) of section 115VP or sub-section (1) of section 115VR of the Income-Tax Act, 1961

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..... culars for the purpose of *exercising/renewing the option is enclosed as per Annexure to this Form. Verification I, .. (full name in block letters), do hereby declare that what is stated in this application and the Annexure here to is true to the best of my information and belief. I further confirm that: (1) [Name of the company] is an Indian company within the meaning of clause(26) of section 2 of the income-tax Act, 1961. (2) The place of effective management of the company within the meaning of section 115VC of the Income-tax Act, 1961 is in India. (3) The company owns .. qualifying ship(s). (4) The main object of the company is operation of ships. Copy of Memorandum of Association of the company is enclosed. 1 [ (5) *I certify that the .....

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..... r where any person has been appointed as the receiver of any assets of the company, the statement shall be signed and verified by the liquidator referred to in sub-section (1) of section 178 of the Income-tax Act; (b) where the management of the company has been taken over by the Central Government or any State Government under any law, the statement of the company shall be signed and verified by the principal officer thereof. ANNEXURE Statement of particulars to be furnished for *exercising/renewing option for tonnage tax scheme PART A 1. Name of the company in full (in block letters) 2. Permanent Account Number 3. Address of the Registered Office 4. Address(es) of branch office(s) 5. Date of incorporation (enclose a copy of the certificat .....

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..... the Ship Net tonnage Date of commencement of charter Period of charter Whether qualifying or not (1) (2) (3) (4) (5) (6) (vi) Ships chartered out on bareboat charter terms for more than three years Sl. No. Name of the Ship Net tonnage Date of commencement of charter Period of charter Whether qualifying or not (1) (2) (3) (4) (5) (6) (vii) Ships chartered out on bareboat charter terms for less than three years Sl. No. Name of the Ship Net tonnage Date of commencement of charter Period of charter Whether qualifying or not (1) (2) (3) (4) (5) (6) (viii) Other ships chartered in [other than those referred to at (ii), (iii) and (iv) above] Sl. No. Name of the Ship Net tonnage Flag Type of ship Date of commencement of charter Period of charter R .....

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..... n is being filed for renewing the option. 5. In respect of each of the ships, details of which are being given in item 7, a copy of the following certificates, as may be relevant, in case of each qualifying ship should be enclosed: (i) Certificate of registration under the Merchant Shipping Act, 1958 and certificate under Merchant Shipping (Tonnage Measurement of Ship) Rules, 1987 made under the Merchant Shipping Act, 1958; (ii) Certificate of registration under the Merchant Shipping Act, 1958 and international tonnage certificate issued under the provisions of the Convention on Tonnage Measurement of Sips, 1969 as specified in the Merchant Shipping (Tonnage Measurement of Ship) Rules, 1987 made under the Merchant Shipping Act, 1958; (iii) .....

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