Marketing of agricultural produce recognised as an eligible activity under section 80P by amendment to income tax law. The amendment substitutes sub-clause (iii) in clause (a) of section 80P(2) to include the marketing of agricultural produce grown by its members, and ... Summary
Marketing of agricultural produce recognised as an eligible activity under section 80P by amendment to income tax law.
The amendment substitutes sub-clause (iii) in clause (a) of section 80P(2) to include the marketing of agricultural produce grown by its members, and treats that substitution as having effect from the earlier operative date, thereby extending the section's scope to cover marketing of member-grown agricultural produce.
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