Treatment of common costs

Depreciation

General exclusion of deduction and set off, etc

Exclusion of loss

Chargeable gains from transfer of tonnage tax assets

Exclusion from provisions of section 115JB

Method and time of opting for tonnage tax scheme

Period for which tonnage tax option to remain in force

Renewal of tonnage tax scheme

Prohibition to opt for tonnage tax scheme in certain cases

Transfer of profits to Tonnage Tax Reserve Account

Minimum training requirement for tonnage tax company