https://www.taxtmi.com/caselaws?id=307091 Income intrinsically connected with operating qualifying ships, including write-backs of sundry credit balances and earlier provisions, falls within the tonnage tax regime and is not separately taxable under section 41(1). Commission on disbursements and sundry receipts require fresh verification to determine their treatment in tonnage-tax turnover. Rent on furniture and Right to Information Act application money are taxable under normal provisions, while other incidental receipts follow the approach applicable in earlier years. Administrative-expense allocation requires fresh assessment under earlier directions. The TDS short-claim ground was not pressed. The principal tonnage-tax issue favoured the assessee, with partial remand on receipts and expenditure allocation. en-us Wed, 19 Aug 2015 00:00:00 +0530 Fri, 17 Mar 2023 21:47:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307091 Income intrinsically connected with operating qualifying ships, including write-backs of sundry credit balances and earlier provisions, falls within the tonnage tax regime and is not separately taxable under section 41(1). Commission on disbursements and sundry receipts require fresh verification to determine their treatment in tonnage-tax turnover. Rent on furniture and Right to Information Act application money are taxable under normal provisions, while other incidental receipts follow the approach applicable in earlier years. Administrative-expense allocation requires fresh assessment under earlier directions. The TDS short-claim ground was not pressed. The principal tonnage-tax issue favoured the assessee, with partial remand on receipts and expenditure allocation. Case-Laws Income Tax Wed, 19 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307091