Exclusion from provisions of section 115JB - Section 115V-O - Income Tax - Ready Reckoner - Income Tax

Exclusion from provisions of section 115JB - Section 115V-O The book profit or loss derived from the activities of a tonnage tax company, referred to in sub-section (1) of section 115V-I , shall be excluded from the book profit of the company for the purposes of section 115JB [Provisions of MAT applicability].