<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Rules related to application for exercising the option for tonnage tax scheme and other matters related to it</title>
    <link>https://www.taxtmi.com/acts?id=53452</link>
    <description>Application to opt for, or renew the option for, the Tonnage Tax Scheme is to be made in Form No. 80 and verified as specified in the form. Deemed tonnage for purchase of slots, slot charter, and sharing of a break-bulk vessel is to be computed on the prescribed conversion basis. The rule also specifies incidental activities, the method for computing charter-in limits for qualifying ships, and requires the audit report of a qualified company to be furnished in Form No. 81.</description>
    <language>en-us</language>
    <pubDate>Fri, 20 Mar 2026 18:13:10 +0530</pubDate>
    <lastBuildDate>Tue, 07 Apr 2026 12:49:45 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=891821" rel="self" type="application/rss+xml"/>
    <item>
      <title>Rules related to application for exercising the option for tonnage tax scheme and other matters related to it</title>
      <link>https://www.taxtmi.com/acts?id=53452</link>
      <description>Application to opt for, or renew the option for, the Tonnage Tax Scheme is to be made in Form No. 80 and verified as specified in the form. Deemed tonnage for purchase of slots, slot charter, and sharing of a break-bulk vessel is to be computed on the prescribed conversion basis. The rule also specifies incidental activities, the method for computing charter-in limits for qualifying ships, and requires the audit report of a qualified company to be furnished in Form No. 81.</description>
      <category>Act-Rules</category>
      <law>Income Tax</law>
      <pubDate>Fri, 20 Mar 2026 18:13:10 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=53452</guid>
    </item>
  </channel>
</rss>