https://www.taxtmi.com/circulars?id=8413 Tax on voyage receipts under section 172 is payable before port clearance; a non-resident may elect assessment on total income under general provisions, and tax paid under section 172(4) is treated as payment toward that assessment but is not treated as advance tax. Therefore, such taxpayers are not liable for advance-tax interest provisions nor entitled to refund interest for income solely from carriage by shipping. en-us Thu, 14 Dec 1995 00:00:00 +0530 Sat, 04 Dec 2010 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8413 Tax on voyage receipts under section 172 is payable before port clearance; a non-resident may elect assessment on total income under general provisions, and tax paid under section 172(4) is treated as payment toward that assessment but is not treated as advance tax. Therefore, such taxpayers are not liable for advance-tax interest provisions nor entitled to refund interest for income solely from carriage by shipping. Circulars Income Tax Thu, 14 Dec 1995 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8413