Application for exercising/renewing option for the tonnage tax scheme under sub-section (1) of section 115VP or sub-section (1) of section 115VR of the Income-tax Act, 1961
Printed from www.taxmann.com FORM NO. 65 [See rule 11P] Application for *exercising/renewing option for the tonnage tax scheme under *sub-section (1) of section 115VP or sub-section (1) of section 115VR of the Income-tax Act, 1961 To, The Joint Commissioner, ________________________ Sir, I, on behalf of__________________________________________________________[Name of the company]hereby apply for *exercising/renewing the option for the tonnage tax scheme in accordance with the provisions of *sub-section (1) of section 115VP or sub-section (1) of section 115VR of the Income-tax Act, 1961 with effect from the assessment year_____________ 2. A statement of particulars for the purpose of *exercising/renewing the option is enclosed as per Annexure to this Form. Verification** I,_____________________________________________________________________(full name in block letters), do hereby declare that what is stated in this application and the Annexure hereto is true to the best of my information and belief. I further confirm that : (1)_____________________________________________________________________[Name of the company] is an Indian company within the meaning of clause (26) of section 2 of the Income-tax Act, 1961. (2) The place of effective management of the company within the meaning of section 115VC of the Income-tax Act, 1961 is in India. (3) The company owns______________________________________qualifying ship(s). (4) The main object of the company is operation of ships. Copy of Memorandum of Association of the company is enclosed. 2. I further declare that I am making this application in my capacity as____________________and I am also competent to make this application and verify it. Place : Date : Name and Signature Note : 1. This application should be filed with the Joint Commissioner of Income-tax, having jurisdiction over the applicant company. 2. All the columns in the application must be filled in. Part A and Part B (if applicable) of the Annexure must be filled in, failing which the application shall be treated as incomplete. 3. *Strike out whichever is not applicable. 4. **Before signing the verification every person should satisfy himself that the application, the accompanying statements and documents are, to the best of his knowledge and belief, correct and complete in all respects. Any person making any false statement shall be liable to be prosecuted under section 277 of the Income-tax Act, 1961. 5. The application shall be signed and verified on behalf of the company by the managing director of the company, or where for any unavoidable reason such managing director is not able to sign and verify this Form, or where there is no managing director, by any director : Provided that : (a) where the company is being wound up, whether under the orders of a court or otherwise, or where any person Printed from www.taxmann.com has been appointed as the receiver of any assets of the company, the statement shall be signed and verified by the liquidator referred to in sub-section (1) of section 178 of the Income-tax Act; (b) where the management of the company has been taken over by the Central Government or any State Government under any law, the statement of the company shall be signed and verified by the principal officer thereof. ANNEXURE Statement of particulars to be furnished for *exercising/ renewing option for tonnage tax scheme PART A 1. Name of the company in full (in block letters) 2. Permanent Account Number 3. Address of the Registered Office 4. Address(es) of branch office(es) 5. Date of incorporation (enclose a copy of the certificate of incorporation) 6. Date on which the company became a qualifying company [to be given only in case of a company which becomes a qualifying company after the initial period] (enclose evidence in support of the claim) 7. Details of ships owned or chartered by the company (i) Owned ships Sl. No. Name of the ship Net tonnage Flag Type of ship Whether qualifying or not (1) (2) (3) (4) (5) (6) (ii) Ships chartered in on bareboat charter-cum-demise terms Sl. No. Name of the ship Net tonnage Flag Type of ship Date of commencement of charter Period of charter Reference No. of DG (Shipping) approval Whether qualifying or not (1) (2) (3) (4) (5) (6) (7) (8) (9) (iii) Ships chartered in on bareboat charter terms for more than three years Sl. No. Name of the ship Net tonnage Flag Type of ship Date of commencement of charter Period of charter Reference No. of DG (Shipping) approval Whether qualifying or not (1) (2) (3) (4) (5) (6) (7) (8) (9) Printed from www.taxmann.com (iv) Ships chartered in on bareboat charter terms for less than three years Sl. No. Name of the ship Net tonnage Flag Type of ship Date of commencement of charter Period of charter Reference No. of DG (Shipping) approval Whether qualifying or n
