1 / 6

Tax Planning through Investments

Tax Planning through Investments. SECTION 80JJA DEDUCTION IN RESPECT OF PROFITS AND GAINS FROM BUSINESS OF COLLECTING AND PROCESSING OF BIO-DEGRADABLE WASTE. . (A). TAXPAYER CATEGORY SECTION 80JJA. This deduction is available to all categories of taxpayers. (B). CONDITIONS SECTION 80JJA.

shanon
Download Presentation

Tax Planning through Investments

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Tax Planning through Investments • SECTION 80JJA • DEDUCTION IN RESPECT OF PROFITS AND GAINS FROM BUSINESS OF COLLECTING AND PROCESSING OF BIO-DEGRADABLE WASTE. CA. Rajat Mohan B.Com(H),ACA, ACS, DISA

  2. MOHAN AGGARWAL & ASSOCIATES Chartered Accountants

  3. (A). TAXPAYER CATEGORY SECTION 80JJA This deduction is available to all categories of taxpayers. MOHAN AGGARWAL & ASSOCIATES Chartered Accountants

  4. (B). CONDITIONS SECTION 80JJA Gross total income of an assessee includes any profits and gains derived from the business of collecting, processing or treating of bio-degradable waste for (i) Generating power; or (ii) Producing bio-fertilizers; (iii) Producing bio-pesticides or other biological agents; or (iv) Producing bio-gas; or (v) Making pellets or briquettes for fuel; or (vi) Making organic manure. MOHAN AGGARWAL & ASSOCIATES Chartered Accountants

  5. (C). AMOUNT OF DEDUCTION SECTION 80JJA Deduction shall be 100% of such profits and gains for a period of 5 consecutive assessment years beginning with the previous year in which such business commences. MOHAN AGGARWAL & ASSOCIATES Chartered Accountants

  6. THANKYOU Your comments and suggestions are of utmost importance and are always welcomed. CA. Rajat Mohan B.Com(H), ACA, ACS, DISA MOHAN AGGARWAL & ASSOCIATES Chartered Accountants Head Office F-31 D.B. Gupta Market, Karol Bagh, New Delhi-110005 Office Phone: 011-23672609 / 23535809 Branch Office 18A, IInd Floor, North Avenue Road, West Punjabi Bagh, New Delhi-110026 office Phone: 011-47322696/97 Website: www.delhicamohan.com E-mail: rajat.mohan@icai.org

More Related