This deduction is available only if assessee has PGBP income from collecting and processing bio degradable waste.

Amount of Deduction

100% Deduction available of such profits

 for 5 years starting with the year business commenced

 This waste should be used for any of the following purpose

    (a) Generating power

    (b) Producing Bio-Gas

    (c) Producing organic manure.

    (d) Producing bio fertilizer / bio-pesticides

    (e) Making pellets or briquettes for fuel. 

Go Ad-free
CA Maninder Singh's photo - Co-founder, Teachoo

Made by

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.