https://www.taxtmi.com/acts?id=46390 A special computation rule (effective 1 April 1976) treats a fixed proportion of specified shipping receipts of a non-resident ship operator as deemed profits chargeable as business income. The taxable aggregate comprises amounts paid or payable for carriage shipped at Indian ports and amounts received or deemed received in India for carriage shipped at ports outside India. en-us Thu, 19 Dec 2024 17:03:07 +0530 Thu, 19 Dec 2024 17:03:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46390 A special computation rule (effective 1 April 1976) treats a fixed proportion of specified shipping receipts of a non-resident ship operator as deemed profits chargeable as business income. The taxable aggregate comprises amounts paid or payable for carriage shipped at Indian ports and amounts received or deemed received in India for carriage shipped at ports outside India. Act-Rules F. Acts / Amendment Acts Thu, 19 Dec 2024 17:03:07 +0530 https://www.taxtmi.com/acts?id=46390