Inclusion of inland vessels in charter in tonnage rules expands the provision's scope for future assessment years. The charter in tonnage provision is amended to include inland vessels by substituting wording in the relevant subsection and inserting "inland vessel, as ... Summary
Inclusion of inland vessels in charter in tonnage rules expands the provision's scope for future assessment years.
The charter in tonnage provision is amended to include inland vessels by substituting wording in the relevant subsection and inserting "inland vessel, as the case may be" in the Explanation, thereby broadening the scope to cover inland vessels; the amendment is effective from 1st April, 2026 and applies to the relevant assessment year and subsequent years.
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