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Income-tax Act, 1961

Section - 115VX - Determination of tonnage

Determination of tonnage.

115VX. (1) For the purposes of this Chapter,-

(a)- the tonnage of a ship 69[or inland vessel, as the case may be,] shall be determined in accordance with the valid certificate indicating its tonnage;
(b)- "valid certificate" means,-
(i)- in case of ships registered in India-
(a)- having a length of less than twenty-four metres, a certificate issued under the Merchant Shipping (Tonnag .... To read the full section download the app from Google Play store
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