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Section 115V-O: Exclusion from provisions of section 115JB

The Income-tax Act, 1961Central Act · Act 43 of 1961

Repealed. This text is published for reference. It is not in force, and it should not be relied on as current law without checking what replaced it. Repealed by the Income-tax Act, 2025, with effect from 1 April 2026

Exclusion from provisions of section 115JB.

The book profit or loss derived from the activities of a tonnage tax company, referred to in sub-section (1) of section 115V-I, shall be excluded from the book profit of the company for the purposes of section 115JB.

Where this provision sits

ActThe Income-tax Act, 1961
Section115V-O
Marginal noteExclusion from provisions of section 115JB
JurisdictionCentral
StatusRepealed

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