Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 8] [Entire Act]

Union of India - Section

Section 115VO in The Income Tax Act, 1961

115VO. 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