Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Tonnage tax scheme option applications must be filed in Form No. 65 and verified as prescribed. An application for exercising the option for the tonnage tax scheme or for renewing that option must be made in Form No. 65 and verified in the manner specified in that form. The rule applies to applications under the provisions governing initial exercise of the option and renewal of the option for shipping companies under the Income-tax Rules, 1962.
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Provisions expressly mentioned in the judgment/order text.
Tonnage tax scheme option applications must be filed in Form No. 65 and verified as prescribed.
An application for exercising the option for the tonnage tax scheme or for renewing that option must be made in Form No. 65 and verified in the manner specified in that form. The rule applies to applications under the provisions governing initial exercise of the option and renewal of the option for shipping companies under the Income-tax Rules, 1962.
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