https://www.taxtmi.com/manuals?id=1677 An option for the tonnage tax scheme will not take effect for a previous year unless the company maintains separate books of account for operating qualifying ships and furnishes, with the return of income for that previous year, an accountant's report in the prescribed form duly signed and verified; Form No. 66 must be furnished at least one month before the return due date and non compliance renders the option ineffective for that previous year. en-us Fri, 28 Jul 2017 08:04:00 +0530 Tue, 07 May 2024 15:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1677 An option for the tonnage tax scheme will not take effect for a previous year unless the company maintains separate books of account for operating qualifying ships and furnishes, with the return of income for that previous year, an accountant's report in the prescribed form duly signed and verified; Form No. 66 must be furnished at least one month before the return due date and non compliance renders the option ineffective for that previous year. Manuals Income Tax Fri, 28 Jul 2017 08:04:00 +0530 https://www.taxtmi.com/manuals?id=1677