https://www.taxtmi.com/acts?id=51755 Income from the business of operating qualifying ships may, at a company's option, be computed as per the provisions of this Part and such income shall be deemed to be the profits and gains of that business chargeable to tax under the head "Profits and gains of business or profession", notwithstanding sections 26 to 54 except sections 50 and 53. en-us Thu, 14 Aug 2025 11:57:59 +0530 Sat, 30 Aug 2025 12:56:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51755 Income from the business of operating qualifying ships may, at a company's option, be computed as per the provisions of this Part and such income shall be deemed to be the profits and gains of that business chargeable to tax under the head "Profits and gains of business or profession", notwithstanding sections 26 to 54 except sections 50 and 53. Act-Rules Income Tax Thu, 14 Aug 2025 11:57:59 +0530 https://www.taxtmi.com/acts?id=51755