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. 

  1. Income Tax
  2. Deductions Under Chapter VIA
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About the Author

Davneet Singh's photo - Teacher, Computer Engineer, Marketer
Davneet Singh
Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 8 years. He provides courses for Maths and Science at Teachoo. You can check his NCERT Solutions from Class 6 to 12.