Deduction in respect of profits and gains from business of collecting and processing of bio-degradable waste.80JJA.
Where the gross total income
of an assessee
includes any profits and gains derived from the business of collecting and processing or treating of bio-degradable waste for generating power or producing bio-fertilizers, bio-pesticides or other biological agents or for producing bio-gas or making pellets or briquettes for fuel or organic manure, there shall be allowed, in computing the total income
of the assessee, a deduction of an amount equal to the whole of such profits and gains for a period of five consecutive assessment years
beginning with the assessment year
relevant to the previous year
in which such business commences.