Form No. 1(N) - Statement-cum-Declaration to be furnished by a Unit engaged in the business of leasing of a ship of an IFSC (payee) to the Lessee (payer)
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IFSC ship leasing deduction declaration requires unit details, permission records, and continued eligibility certification. Statement-cum-declaration for an IFSC unit engaged in leasing of a ship, furnished to the lessee for claiming deduction under section 147 of the Income-tax Act, 2025. It requires the unit's identification details, PAN, address, contact particulars, tax year, the relevant permission or registration details, the deduction period opted, and the initial tax year of claim. The declarant must also certify continued IFSC status, ongoing engagement in the specified business, and the correctness and completeness of the particulars.
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Provisions expressly mentioned in the judgment/order text.
IFSC ship leasing deduction declaration requires unit details, permission records, and continued eligibility certification.
Statement-cum-declaration for an IFSC unit engaged in leasing of a ship, furnished to the lessee for claiming deduction under section 147 of the Income-tax Act, 2025. It requires the unit's identification details, PAN, address, contact particulars, tax year, the relevant permission or registration details, the deduction period opted, and the initial tax year of claim. The declarant must also certify continued IFSC status, ongoing engagement in the specified business, and the correctness and completeness of the particulars.
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