D M AND COMPANY
  
CHARTERED ACCOUNTANTS  
 
 
 
    E-mail     Client Login    Admin Login    
 Quick Link
 Home
 Services
 About Us
 Contact Us
  Ask a Query
 
115VS. Prohibition to opt for tonnage tax scheme in certain cases. A qualifying company, which, on its own, opts out of the tonnage tax scheme or makes a default in complying with the provisions of section 115VT or section 115VU or section 115VV or whose option has been excluded from tonnage tax scheme in pursuance of an order made under sub-section (1) of section 115VZC, shall not be eligible to opt for tonnage tax scheme for a period of ten years from the date of opting out or default or order, as the case may be.
Total Visitors: 609419. Copyrights © D M AND COMPANY All Rights Reserved
Design and Development by Aem SOolutions