https://www.taxtmi.com/acts?id=49046 Deposits into designated tea, coffee or rubber development accounts are deductible as computed under Schedule IX, with withdrawals or releases chargeable to tax in the year of transfer or withdrawal; if an asset bought via the deposit scheme is sold or transferred before the prescribed holding period, the portion of cost corresponding to earlier deductions is treated as business profits in the year of sale and taxed accordingly. en-us Fri, 14 Feb 2025 16:27:35 +0530 Fri, 14 Feb 2025 16:27:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49046 Deposits into designated tea, coffee or rubber development accounts are deductible as computed under Schedule IX, with withdrawals or releases chargeable to tax in the year of transfer or withdrawal; if an asset bought via the deposit scheme is sold or transferred before the prescribed holding period, the portion of cost corresponding to earlier deductions is treated as business profits in the year of sale and taxed accordingly. Act-Rules Bills Fri, 14 Feb 2025 16:27:35 +0530 https://www.taxtmi.com/acts?id=49046