Tax provision amendment: inland vessels recognised for certificate-based eligibility under income-tax rules expanding covered vessels. Amendment expands the income-tax provision to include "inland vessel" alongside ships and adds that, for inland vessels registered in India, a certificate ... Summary
Tax provision amendment: inland vessels recognised for certificate-based eligibility under income-tax rules expanding covered vessels.
Amendment expands the income-tax provision to include "inland vessel" alongside ships and adds that, for inland vessels registered in India, a certificate issued under the Inland Vessels Act, 2021 qualifies for the statutory requirement.
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