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Income Tax - Highlights / Catch Notes

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Deduction u/s.80JJA - whether baggase/husk is not a waste but is ...

Case Laws     Income Tax

January 5, 2017

Deduction u/s.80JJA - whether baggase/husk is not a waste but is a by-product of agriproduce processing industry - circular cannot override the clear words of Section 80JJA of the Act which provides deduction in respect of profits and gains derived from the business of collecting and processing/treating of biodegradable waste i.e. bagasse into briquettes for fuel - AT

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