https://www.taxtmi.com/caselaws?id=256016 The Court held that income from 'slot charter' operations of a 'tonnage tax company' should be included in determining 'tonnage income' under the 'tonnage tax scheme' regardless of whether such operations are carried out in 'qualifying ships'. The judgment overturned the decisions of the Income Tax Appellate Tribunal, instructing the Assessing Officer to adjust the assessment orders to reflect the inclusion of 'slot charter' income in the calculation of 'tonnage income'. en-us Fri, 23 Jan 2015 00:00:00 +0530 Fri, 08 May 2015 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256016 The Court held that income from 'slot charter' operations of a 'tonnage tax company' should be included in determining 'tonnage income' under the 'tonnage tax scheme' regardless of whether such operations are carried out in 'qualifying ships'. The judgment overturned the decisions of the Income Tax Appellate Tribunal, instructing the Assessing Officer to adjust the assessment orders to reflect the inclusion of 'slot charter' income in the calculation of 'tonnage income'. Case-Laws Income Tax Fri, 23 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256016