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[Cites 0, Cited by 0] [Section 115VZA] [Entire Act]

Union of India - Subsection

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

(1)A temporary cessation (as against permanent cessation) of operating any qualifying ship by a company shall not be considered as a cessation of operating of such qualifying ship and the company shall be deemed to be operating such qualifying ship for the purposes of this Chapter.