https://www.taxtmi.com/highlights?id=85087 CBDT amended Income Tax Rules 1962 by introducing Rule 6GB u/s 44BBC, establishing conditions for non-resident cruise ship operators. The amendment specifies four key requirements: vessels must have 200+ passenger capacity or 75+ meter length with dining/cabin facilities; scheduled voyages must touch minimum two Indian seaports or same port twice; operations must primarily transport passengers not cargo; compliance with Tourism/Shipping Ministry guidelines required. The Income-tax (First Amendment) Rules 2025 took effect upon Official Gazette publication, aimed at regulating taxation of non-resident cruise operators' profits and gains from Indian operations under specialized computational provisions. en-us Wed, 22 Jan 2025 10:15:41 +0530 Wed, 22 Jan 2025 10:15:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=85087 CBDT amended Income Tax Rules 1962 by introducing Rule 6GB u/s 44BBC, establishing conditions for non-resident cruise ship operators. The amendment specifies four key requirements: vessels must have 200+ passenger capacity or 75+ meter length with dining/cabin facilities; scheduled voyages must touch minimum two Indian seaports or same port twice; operations must primarily transport passengers not cargo; compliance with Tourism/Shipping Ministry guidelines required. The Income-tax (First Amendment) Rules 2025 took effect upon Official Gazette publication, aimed at regulating taxation of non-resident cruise operators' profits and gains from Indian operations under specialized computational provisions. Highlights Income Tax Wed, 22 Jan 2025 10:15:41 +0530 https://www.taxtmi.com/highlights?id=85087