Amendment of section 44B
In section 44B of the Income-tax Act, with effect from the 1st day of April, 2025,—
| (a) | for the marginal heading, the following marginal heading shall be substituted, namely:— | |
| “Special provision for computing profits and gains of shipping business other than cruise shipping in case of non-residents.”; | ||
| (b) | in sub-section (1), after the words “business of operation of ships,”, the words, figures and letters “other than cruise ships referred to in section 44BBC,” shall be inserted. |