https://www.taxtmi.com/acts?id=46395 Insertion of section 80JJ provides a deduction from total income for profits and gains derived from live stock breeding, poultry or dairy farming. If such aggregate profits do not exceed a statutory small profits threshold, the whole amount is deductible. Otherwise, the deduction equals the greater of one third of those aggregate profits or a prescribed flat threshold amount. en-us Thu, 19 Dec 2024 17:04:24 +0530 Thu, 19 Dec 2024 17:04:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46395 Insertion of section 80JJ provides a deduction from total income for profits and gains derived from live stock breeding, poultry or dairy farming. If such aggregate profits do not exceed a statutory small profits threshold, the whole amount is deductible. Otherwise, the deduction equals the greater of one third of those aggregate profits or a prescribed flat threshold amount. Act-Rules F. Acts / Amendment Acts Thu, 19 Dec 2024 17:04:24 +0530 https://www.taxtmi.com/acts?id=46395