Get 3 Yrs of CCI Pro Membership at Greater Value. Subscribe Now!

Section 80jja

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Query Ask a Query

vivek goyal

vivek goyal (Querist)

09 October 2014 sir plz define section 800jja

CA Shashank Jain

CA Shashank Jain (Expert)

09 October 2014 Deduction in respect of profits and gains from business of collecting and processing of bio-degradable waste.- 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 generating power 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 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.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now