{"id":339627,"date":"2025-01-23T15:00:08","date_gmt":"2025-01-23T09:30:08","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=339627"},"modified":"2025-01-23T13:30:26","modified_gmt":"2025-01-23T08:00:26","slug":"income-tax-first-amendment-rules-legal-news","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2025\/01\/23\/income-tax-first-amendment-rules-legal-news\/","title":{"rendered":"Non – resident cruise operators to follow conditions specified in IT (First Amendment) Rules, 2025"},"content":{"rendered":"
\n

On 21-1-2025, the Ministry of Finance notified the Income-tax (First Amendment) Rules, 2025<\/span> to amend the Income-tax Rules, 1962. The provisions came into force on 21-1-2025.<\/p>\n

Key Points:<\/h3>\n
    \n
  1. \n

    New chapter has been inserted relating to Special provisions for computing profits and gains of business of operation of cruise ships in case of non- residents.<\/span><\/p>\n<\/li>\n<\/ol>\n

    Rule 6GB has been introduced which provides the conditions for non-residents who are engaged in the business of operation of cruise ships:<\/span><\/p>\n

      \n
    • \n

      Operate a passenger ship having a carrying capacity of more than 200 passengers;<\/p>\n<\/li>\n

    • \n

      The ship is of the length of 75 meters or more;<\/p>\n<\/li>\n

    • \n

      The ship is being used for leisure and recreational purposes;<\/p>\n<\/li>\n

    • \n

      The ship has proper dining and cabin facilities for passengers<\/p>\n<\/li>\n

    • \n

      Operate the ship on scheduled voyages or shore excursions which should touch at least 2 ports of India or same ports of India twice;<\/p>\n<\/li>\n

    • \n

      The ship should not be used to carry cargo;<\/p>\n<\/li>\n

    • \n

      The ship will have to follow the guidelines which will be issued by the Ministry of Tourism or Ministry of Shipping.<\/p>\n<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

      These ships will come under the ambit of guidelines issued by Ministry of Tourism & Ministry of Shipping.<\/p>\n","protected":false},"author":67515,"featured_media":327921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,15],"tags":[77806,2592,2824,42454,40513,77807],"class_list":["post-339627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-rules_regulations","tag-cruiseships","tag-Income_Tax","tag-Ministry_of_Finance","tag-ministry-of-shipping","tag-ministry-of-tourism","tag-ncome-tax-first-amendment-rules"],"yoast_head":"\nIncome-tax (First Amendment) Rules, 2025 | SCC Times<\/title>\n<meta name=\"description\" content=\"Ministry of Finance notified the Income-tax (First Amendment) Rules, 2025 to amend the Income-tax Rules, 1962.\" \/>\n<meta name=\"robots\" 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READ MORE MINISTRY OF FINANCE CBDT\u2026","rel":"","context":"In "Legal RoundUp"","block_context":{"text":"Legal RoundUp","link":"https:\/\/www.scconline.com\/blog\/post\/category\/columns-for-roundup\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-601.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-601.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-601.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-601.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":379991,"url":"https:\/\/www.scconline.com\/blog\/post\/2026\/04\/02\/income-tax-amendment-rules-2026-changes-in-itr-forms-ay-2026-27\/","url_meta":{"origin":339627,"position":3},"title":"Income-tax Amendment Rules 2026: Key Changes in ITR Forms for AY 2026-27","author":"Kriti","date":"April 2, 2026","format":false,"excerpt":"On 30-3-2026, the Ministry of Finance notified a series of amendments to the Income-tax Rules, 1962, primarily updating various Income-tax Return (ITR) forms. These changes will apply to returns filed for Assessment Year 2026\u201427 and impact taxpayers across categories, including individuals, HUFs, firms, companies, and charitable entities.","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"Income-tax Amendment Rules 2026 ITR Forms","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/04\/BLOG-2026-04-02T133736.537.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/04\/BLOG-2026-04-02T133736.537.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/04\/BLOG-2026-04-02T133736.537.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/04\/BLOG-2026-04-02T133736.537.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":283941,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/15\/ministry-of-finance-notified-income-tax-second-amendment-rules-2023-to-amend-income-tax-rules-1962-legal-research-legal-update-legal-news\/","url_meta":{"origin":339627,"position":4},"title":"CBDT revises Income-tax Return Form ITR-7 vide Income-tax (Second Amendment) Rules, 2023","author":"Editor","date":"February 15, 2023","format":false,"excerpt":"On 14-2-2023, the Ministry of Finance notified the Income-tax (Second Amendment) Rules, 2023 to amend the Income-tax Rules, 1962 (\u2018IT Rules). The provisions will come into force on 1-4-2023. Form ITR-7 relating to filing of Income Tax Return for the persons including companies required to furnish return under sections 139(4A)\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/12\/MicrosoftTeams-image-15-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":164784,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/10\/23\/comments-invited-amendment-income-tax-rules-reference-registration-charitable-religious-trusts\/","url_meta":{"origin":339627,"position":5},"title":"Comments invited for amendment of Income Tax Rules with reference to registration of Charitable or Religious Trusts","author":"Saba","date":"October 23, 2017","format":false,"excerpt":"Vide Finance Act, 2017, a new clause (ab) was inserted in sub-section (1) of Section 12A of the Income Tax Act, 1961 (\u2018the Act\u2019) w.e.f 01.04.2018 to the effect that where a trust or an institution, which has been granted registration under Sections 12A or 12AA of the Act has\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/339627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67515"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=339627"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/339627\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/327921"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=339627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=339627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=339627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}