CBDT amended Income Tax Rules 1962 by introducing Rule 6GB u/s ...

Non-Resident Cruise Operators Must Meet New Size, Route, and Tourism Guidelines Under Income Tax Rule 6GB.

January 22, 2025

Notifications Income Tax

CBDT amended Income Tax Rules 1962 by introducing Rule 6GB u/s 44BBC, establishing conditions for non-resident cruise ship operators. The amendment specifies four key requirements: vessels must have 200+ passenger capacity or 75+ meter length with dining/cabin facilities; scheduled voyages must touch minimum two Indian seaports or same port twice; operations must primarily transport passengers not cargo; compliance with Tourism/Shipping Ministry guidelines required. The Income-tax (First Amendment) Rules 2025 took effect upon Official Gazette publication, aimed at regulating taxation of non-resident cruise operators' profits and gains from Indian operations under specialized computational provisions.

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CBDT amended Income Tax Rules 1962 by introducing Rule 6GB u/s ...

Non-Resident Cruise Operators Must Meet New Size, Route, and Tourism Guidelines Under Income Tax Rule 6GB.

January 22, 2025

Notifications Income Tax

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