Clause 38
Amendment of section 43ZF
of Income Tax (Amendment No. 3) Bill
BillNot in forceProvision 38 of 64
Clause 38
Section 43ZF(8) of the principal Act is amended by inserting, immediately after paragraph (p) of the definition of “shipping‑related business”, the following paragraph:“(q)use of any ship for offshore renewable energy activity or offshore mineral activity;”.