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of <h1>Tonnage Tax Regime Strengthens Anti-Abuse Measures to Prevent Tax Avoidance and Protect Revenue Integrity Under Clause 234</h1> The tonnage tax regime in India introduces anti-abuse safeguards through Clause 234 of the Income Tax Bill, 2025, aimed at preventing tax avoidance by shipping companies. The provision excludes companies from the tonnage tax scheme if they engage in transactions designed to secure undue tax advantages, either for non-eligible entities or through non-tonnage tax activities. The clause broadly defines tax advantages, covering manipulated expense allocations and excessive profits, ensuring the scheme's integrity and preventing revenue leakage while maintaining consistency with previous legislative approaches.
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