1. Applicability: All assessees
2. Amount of deduction: Amount of profits and gains derived from certain business for 5 consecutive years beginning from the assessment years in which such business commences.
3. Eligible business: Business should consist of collecting, processing or treating Bio-degradable waste for
- Generation of power
- Producing bio-fertilizers, bio-pesticides, biological agents,
- Producing bio-gas
- Making pellets/briquettes for fuel or organic manure.
