Tax deductions for forest lessees depend on activity: available when extraction involves manufacturing new saleable commodities. Entitlement to income-tax deductions for forest lessees under sections 80HH and 80J depends on the nature of the activity: mere conversion of standing trees into firewood is not sufficient, but if the operation involves manufacturing new saleable commodities beyond simple conversion, the deductions are available; assessing officers are to be informed for consistent application.
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.
Tax deductions for forest lessees depend on activity: available when extraction involves manufacturing new saleable commodities.
Entitlement to income-tax deductions for forest lessees under sections 80HH and 80J depends on the nature of the activity: mere conversion of standing trees into firewood is not sufficient, but if the operation involves manufacturing new saleable commodities beyond simple conversion, the deductions are available; assessing officers are to be informed for consistent application.
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