Section 80JJA
Deduction in respect of profits and gains from business of collecting and processing of bio-degradable waste. Repealed
About this Act
An Act to consolidate and amend the law relating to income-tax and super-tax
1Where 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 generating
power 2
or producing bio-fertilizers, bio-pesticides or other biological agents or for producing bio-gas or
making pellets or briquettes for fuel or organic manure, there shall be allowed, in computing the total
income of the assessee, 3
a deduction of an amount equal to the whole of such profits and gains for a
period of five consecutive assessment years beginning with the assessment year relevant to the previous
year in which such business commences.
Notes
1. Ins. by Act 21 of 1998, s. 35 (w.e.f. 1-4-1999). Earlier section 80JJA was inserted by Act 21 of 1979, s. 13 (w.e.f. 1-4-
1980) and later omitted by Act 11 of 1983, s. 27 (w.e.f. 1-4-1984).
2. Subs. by Act 27 of 1999, s. 51, for “, producing bio-gas” (w.e.f. 1-4-2000).
3. Subs. by s. 51, ibid., for “a deduction from such profits and gains of an amount equal to the whole of such income, or five lakh rupees, whichever is less” (w.e.f. 1-4-2000).
2. Subs. by Act 27 of 1999, s. 51, for “, producing bio-gas” (w.e.f. 1-4-2000).
3. Subs. by s. 51, ibid., for “a deduction from such profits and gains of an amount equal to the whole of such income, or five lakh rupees, whichever is less” (w.e.f. 1-4-2000).