Finance Acts
Section - 36 - Amendment of section 115VX
Amendment of section 115VX.36. In section 115VX of the Income-tax Act, in sub-section (1), with effect from the 1st April, 2026,-
| (i) | - | in clause (a), after the words "a ship", the words "or inland vessel, as the case may be," shall be inserted; |
| (ii) | - | in clause (b), after sub-clause (ii), the following sub-clause shall be inserted, namely:- |
| - | "(iii) in case of inland vessel registered in India, a certificate issued under the Inland Vessels Act, 2021 (24 of 2021).". |
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