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| « Various Acts & Rules » |
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| Open DEMAT Account in 24 hrs |  Customs Tariff 2009-10 - PART-II - Chapter 98 - Project imports, Laboratory chemicals, passenger's baggage | | Customs Tariff 2009-10 - PART-II - Chapter 97 - Works of art, collectors' pieces and antiques | | Customs Tariff 2009-10 - PART-II - Chapter 96 - Miscellaneous manufactured articles | | Customs Tariff 2009-10 - PART-II - Chapter 95 - Toys, games and sports requisites; parts and accessories thereof | | Customs Tariff 2009-10 - PART-II - Chapter 94 - Furniture; bedding, mattresses, mattress supports | | Customs Tariff 2009-10 - PART-II - Chapter 93 - Arms and ammunition; parts and accessories thereof | | Customs Tariff 2009-10 - PART-II - Chapter 92 - Musical instruments; parts and accessories of such articles | | Customs Tariff 2009-10 - PART-II - Chapter 91 - Clocks and watches and parts thereof | | Customs Tariff 2009-10 - PART-II - Chapter 90 - Optical, photographic, cinematographic, measuring | | Customs Tariff 2009-10 - PART-II - Chapter 89 - Ships, boats and floating structures | | Customs Tariff 2009-10 - PART-II - Chapter 88 - Aircraft, spacecraft, and parts thereof |
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| « Income-Tax Act - Section No. 115VG... | Income-Tax Act - Section No. 115VE... » |
Income-Tax Act - Section No. 115VF |
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| September, 04th 2010 |
Tonnage income.
115VF. Subject to the other provisions of this Chapter, the tonnage income shall be computed in accordance with section 115VG and the income so computed shall be deemed to be the profits chargeable under the head Profits and gains of business or profession and the relevant shipping income referred to in sub-section (1) of section 115V-I shall not be chargeable to tax.
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