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[Cites 0, Cited by 1] [Section 115VR] [Entire Act]

Union of India - Subsection

Section 115VR(1) in The Income Tax Act, 1961

(1)An option for tonnage tax scheme approved under sub-section (3) of section 115-VP may be renewed within one year from the end of the previous year in which the option ceases to have effect.