Clarification regarding the meaning of the expression 'fish or fish products' used in sub-clause (iii) of clause (f) of rule 6DD of the Income-tax Rules, 1962

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....: December 5, 2008 Representations have been received from various quarters regarding problems being faced by the seafood exporters mainly on account of provisions of Section 40A (3) of the Income tax Act, 1961. 2. Disallowance of expenditure under the provisions of sub-section (3) of section 40A of the I.T. Act, 1961 is made in the computation of income in a case were a payment or aggregate of ....

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.... rule 6DD of the Income Tax Rules, 1962:- (i) The expression 'fish or fish products' used in rule 6DD(e)(iii) would include 'other marine products such as shrimp, prawn, cuttlefish, squid, crab, lobster etc.'. (ii) The 'producers' of 'fish or fish products' for the purpose of rule 6DD(e) of I.T. Rules, 1962 would include, besides the fishermen, any headman of fishermen, who sorts the catch of fi....