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

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 11 years. He also provides Accounts Tax GST Training in Delhi and Pune.