Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Income-tax (Eleventh Amendment) Rules, 2004

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... namely: -"G.- Tonnage tax scheme for (b) shipping companies Application for exercising or renewing the option for tonnage tax scheme. 11 P. An application under sub-section (1) of section 115VP forexercising an option for the tonnage tax scheme or under sub-section (1) of section115VR for renewing the option for the tonnage tax scheme, as the case may be, shall be made in Form No. 65 and shall be verified in the manner provided therein."; (b) in Appendix II, after Form No. 64, the following Form shall be inserted, namely:- FORM N0.65 (See rule 11 P) Application for exercising/renewing option for the tonnage tax scheme under sub-section (1) of section 115VP or sub-section (1) of section 115VR of the Income-tax Act, 1961. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e columns in the application must be filled in. Part A and Part B (if applicable) of the Annexure must be filled in, failing which the application shall be treated as incomplete. 3.* Strike out whichever is not applicable. 4.** Before signing the verificationevery person should satisfy himself that the application, the accompanying statements and documents are, to the best of his knowledge and belief, correct and complete in all respects. Any person making any false statement shall be liable to be prosecuted under section 277 of the Income-tax Act, 1961. 5. The application shall besigned and verified on behalf of the company by the managing director of the company, or where for any unavoidable reason such managing director is not able .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... (ii) Ships chartered inon bareboat charter-cum-demise terms Sl No. Name of the ship Net tonnage Flag Type of the ship Date of commencement of the charter Period of the charter Reference No. of DG (Shipping) approval Whether qualifying or not 1 2 3 4 5 6 7 8 9 (iii) Ships chartered in on bareboat charter terms for more than three years Sl No. Name of the ship Net tonnage Flag Type of the ship Date of commence .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 5 6 (vii) Ships chartered out on bareboat charter terms for less than three years Sl. No. Name of the ship Net tonnage Date of commencement of the charter Period of charter Whether qualifying or not 1 2 3 4 5 6 (viii) Other ships chartered m [other than those referred to at (ii), (iii) and (iv) above Sl No. Name of the ship Net tonnage Flag Type of the ship Date of commencement of the charter Period of the charter Reference No. of DG ( .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... after the 30 th day of September, 2004 but before the 1 st day of January, 2005. 4. Part-A is to be filled up both in case of exercising the option and while renewing the option. However, Part-B is to be filled up only in cases where an application is being filed for renewing the option. 5. In respect of each of the ships, details of which are being given in item 7, a copy of the following certificates, as may be relevant, in case of each qualifying ship should be enclosed: (i) Certificate of registration under the Merchant Shipping Act, 1958 and certificate under Merchant Shipping (Tonnage Measurement of Ship) Rules, 1987 made under the Merchant Shipping Act, 1958; (ii) Certificate of registration under the Merchant Shipping Act .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates