Where the gross total income of an assessee includes any profits and gains derived from the business of collecting and processing or treating of bio-degradable waste for:
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generating power, or
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producing, bio-fertilizers, bio-pesticides or other biological agents, or
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producing bio-gas, or
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making pellets or briquettes for fuel, or
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organic manure,
a deduction under section 80JJA shall be allowed.
Quantum and Period of of Deduction under Section 80-JJA :
100% profit from the above activity is deductible for first 5 years beginning with the assessment year relevant to the previous year in which such business commences. |
![Deductions to be made in Computing Total Income [Sections 80A to 80U (Chapter VIA)]](../../../../Images/TOC.GIF "Deductions to be made in Computing Total Income [Sections 80A to 80U (Chapter VIA)]"){kind=small}
