Special provision for computation of income on presumptive basis in respect of certain business activities of certain non-residents.

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....ar, shall be computed in the manner specified in column D thereof, and charged to income-tax for the said tax year under the head "Profits and gains of business or profession". Table Sl.No. Specified business Specified assessee Profits and gains of business or profession A B C D 1. Business of operation of ships, other than cruise ships referred to in Serial number 2. Non-resident. 7.5% of (A+B), where,-- A = sum on account of carriage of passenger, livestock, mail or goods shipped at any port in India, whether paid or payable, in or outside India, to the assessee or any other person on his behalf (including demurrage, handling or other similar charges); B = sum on account of carriage of passenger, livestock, mail or goods ....

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....ery on hire) for prospecting, extraction or production of mineral oils. Non-resident person. 10% of (A+B), where,-- A = sum on account of business of providing services and facilities in connection with, or supply of plant and machinery on hire used, or to be used, in the prospecting for, or extraction or production of mineral oils in India, paid or payable (in or outside India), to the assessee or any other person on his behalf; B = sum on account of business of providing services and facilities in connection with, or supply of plant and machinery on hire used, or to be used, in the prospecting for, or extraction or production of mineral oils outside India, received or deemed to be received in India, by the assessee or any other pers....