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of <h1>Section 80HHA: 20% Tax Deduction for Small-Scale Industries in Rural Areas, Excludes Mining, Prioritizes Over Section 80J</h1> Section 80HHA, introduced by the Finance (No. 2) Act, 1977, provides a 20% deduction on profits from small-scale industrial undertakings in rural areas, effective from April 1, 1978. Eligible undertakings must begin manufacturing after September 30, 1977, not result from business reconstruction, and employ a specified number of workers. The deduction applies for ten assessment years, and accounts must be audited for non-corporate entities. The section does not apply to mining activities. It prioritizes deductions under this section over section 80J and prohibits concurrent deductions under section 80HH for the same profits.
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