Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Tax treatment of non-resident cruise operators: a fixed proportion of passenger receipts deemed business income under prescribed conditions. A special computation treats a specified proportion of passenger receipts of non-resident cruise ship operators as profits chargeable under business income, notwithstanding sections 28-43A. The aggregate comprises amounts paid or payable to the assessee or on the assessee's behalf for carriage of passengers and amounts received or deemed received by or on behalf of the assessee for carriage of passengers, subject to prescribed conditions.
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.
Tax treatment of non-resident cruise operators: a fixed proportion of passenger receipts deemed business income under prescribed conditions.
A special computation treats a specified proportion of passenger receipts of non-resident cruise ship operators as profits chargeable under business income, notwithstanding sections 28-43A. The aggregate comprises amounts paid or payable to the assessee or on the assessee's behalf for carriage of passengers and amounts received or deemed received by or on behalf of the assessee for carriage of passengers, subject to prescribed conditions.
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