Section 44B: Income From Shipping Business For Non-Residents

Section 44B lays down rules for non-residents in shipping. Here’s all you need to know about presumptive income, tax rate and calculation.

Trading Lives for Profit: How the Shipping Industry Circumvents Regulations to Scrap Toxic Ships on Bangladesh's Beaches

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Income is Taxed in the same Year in which it is earned

Trading Lives for Profit: How the Shipping Industry Circumvents Regulations to Scrap Toxic Ships on Bangladesh's Beaches

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Applicability of tax audit & presumptive taxation in case a person is carrying on both Business & Profession

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