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 report format requires qualified shipping companies to furnish the accountant's audit report in prescribed Form No. 66. Rule 11T prescribes the form of the accountant's audit report required under clause (ii) of section 115VW for a qualified company. In the tonnage tax scheme for shipping companies, the report of audit of accounts must be furnished in Form No. 66. The rule operates as a procedural compliance requirement governing the statutory format of the accountant's report.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tonnage tax scheme report format requires qualified shipping companies to furnish the accountant's audit report in prescribed Form No. 66.
Rule 11T prescribes the form of the accountant's audit report required under clause (ii) of section 115VW for a qualified company. In the tonnage tax scheme for shipping companies, the report of audit of accounts must be furnished in Form No. 66. The rule operates as a procedural compliance requirement governing the statutory format of the accountant's report.
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