https://www.taxtmi.com/manuals?id=4862 Section 115VZB treats tax advantage as arising where accounting determinations of allowances, or allocations or apportionments of costs or expenses recorded in the books for the year of the transaction, reduce income or increase loss from non tonnage tax activities; and where a transaction or arrangement yields a tonnage tax company more than ordinary profits expected from tonnage tax activities. en-us Sat, 07 Sep 2024 13:53:00 +0530 Wed, 06 Nov 2024 10:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4862 Section 115VZB treats tax advantage as arising where accounting determinations of allowances, or allocations or apportionments of costs or expenses recorded in the books for the year of the transaction, reduce income or increase loss from non tonnage tax activities; and where a transaction or arrangement yields a tonnage tax company more than ordinary profits expected from tonnage tax activities. Manuals Income Tax Sat, 07 Sep 2024 13:53:00 +0530 https://www.taxtmi.com/manuals?id=4862