https://www.taxtmi.com/acts?id=3243 A qualifying company for tonnage income must satisfy four cumulative criteria: be an Indian company, have its place of effective management in India, own at least one qualifying ship, and have as its main object operating ships; the place of effective management is where the board or, where applicable, executive directors or officers make or perform substantive commercial and strategic decisions. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 24 Jun 2025 10:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3243 A qualifying company for tonnage income must satisfy four cumulative criteria: be an Indian company, have its place of effective management in India, own at least one qualifying ship, and have as its main object operating ships; the place of effective management is where the board or, where applicable, executive directors or officers make or perform substantive commercial and strategic decisions. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3243