https://www.taxtmi.com/acts?id=3241 Companies operating qualifying ships may, by election, compute income from that business under the Chapter's tonnage method, and such computed tonnage income shall be deemed the profits and gains of the business chargeable to tax under the head "Profits and gains of business or profession." en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 28 Aug 2025 14:47:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3241 Companies operating qualifying ships may, by election, compute income from that business under the Chapter's tonnage method, and such computed tonnage income shall be deemed the profits and gains of the business chargeable to tax under the head "Profits and gains of business or profession." Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3241