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Finance Acts

Section - 28 - Amendment of section 115VB

Amendment of section 115VB.

28. In section 115VB of the Income-tax Act, with effect from the 1st April, 2026,-

(a)- after the words "any ship", the words "or inland vessel, as the case may be," shall be inserted;
(b)-after the words "the ship", the words "or inland vessel, as the case may be," shall be inserted;
(c)- in the proviso, after the words "a ship", the words "or inland vessel, as the case may be," shall be inserted.
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