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CA IPCC PGBP 78   Tea Development Account

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CA IPCC PGBP 78 Tea Development Account

A
Arinjay Jain Academy

1 Views • Jul 10, 2015

Description

Deduction under Tea Development Account, is available to the assessee , growing and Manufacturing Coffee Tea or Rubber in India
Within 6 months from the end of PY or due date for filing return of Income, whichever is earlier,
Made a deposits with NABARD in a Special account in accordance with the scheme made by Tea/ Coffee or Rubber Board; or
Deposited any amount in a Deposit Account under a Scheme framed by Tea /Coffee or Rubber Board with previous approval of Central Government.
Assessee get his accounts audited