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of <h1>Tax deduction allowed for payments to approved associations for afforestation and conservation if conditions met before 31 March 2002</h1> Where an assessee pays sums to an association, institution or a Central Government-notified afforestation fund for carrying out approved programmes of natural resource conservation or afforestation (payments incurred on or before 31 March 2002), the amount so paid is deductible from business or professional income, subject to conditions. Deduction for payments to associations or institutions is available only if the entity is approved by the prescribed authority (approval not exceeding three years at a time). Any expenditure so deducted under this provision cannot be claimed as a deduction under any other provision of the Act for the same or any other assessment year.
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