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of <h1>Tea Business Income: 40% Taxable; Replanting Costs Deductible; No Deduction for Subsidies Excluded by Section 10(30).</h1> Income from the sale of tea grown and manufactured in India is treated as business income, with 40% of such income subject to tax. When calculating this income, an allowance is provided for the cost of replanting tea bushes that have died or become permanently useless, provided the area has not been previously abandoned. No deduction is allowed for subsidies excluded from total income under section 10, clause (30).
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