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[Section 115VG]
[Entire Act]
Union of India - Subsection
Section 115VG(3) in The Income Tax Act, 1961
| Qualifying ship having net tonnage | Amount of daily tonnage income |
| (1) | (2) |
| up to 1,000 | Rs. 46 for each 100 tons |
| exceeding 1,000 but not more than 10,000 | Rs. 460 plus Rs. 35 for each 100 tons exceeding 1,000 tons |
| exceeding 10,000 but not more than 25,000 | Rs. 3,610 plus Rs. 28 for each 100 tons exceeding 10,000tons |
| exceeding 25,000 | Rs. 7,810 plus Rs. 19 for each 100 tons exceeding 25,000tons. |