Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Development allowance for tea planting permits deduction from planting costs subject to reserve, carry forward, and transfer conditions. Section 33A grants a development allowance for tea planting computed from the actual cost of planting, defined to include land preparation, seeds and nurseries, planting and upkeep over the year of preparation and three subsequent years, subject to per hectare caps and reduction for amounts met by others; allowance is subject to furnishing prescribed particulars, creation of a reserve from a specified portion of the allowance to be utilised for business over eight years with restrictions, carry forward of unused allowance for up to eight assessment years, and transfer and amalgamation rules preserving or clawing back the allowance as specified.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Development allowance for tea planting permits deduction from planting costs subject to reserve, carry forward, and transfer conditions.
Section 33A grants a development allowance for tea planting computed from the actual cost of planting, defined to include land preparation, seeds and nurseries, planting and upkeep over the year of preparation and three subsequent years, subject to per hectare caps and reduction for amounts met by others; allowance is subject to furnishing prescribed particulars, creation of a reserve from a specified portion of the allowance to be utilised for business over eight years with restrictions, carry forward of unused allowance for up to eight assessment years, and transfer and amalgamation rules preserving or clawing back the allowance as specified.
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