India - Income Tax Act 2010 - Saarc

1.99 CH. III - INCOMES WHICH DO NOT FORM PART OF TOTAL INCOME S. 10(32)of areas used for cultivation of tea] as the Central Government may,by notification in the Official Gazette, specify:Provided that the assessee furnishes to the 70 [Assessing] Officer,along with his return of income 71 for the assessment year concernedor within such further time as the 70 [Assessing] Officer may allow, acertificate from the Tea Board as to the amount of such subsidy paidto the assessee during the previous year.Explanation.—In this clause, “Tea Board” means the Tea Boardestablished under section 4 of the Tea Act, 1953 (29 of 1953);]72[(31) in the case of an assessee who carries on the business of growing andmanufacturing rubber, coffee, cardamom or such other commodityin India, as the Central Government may, by notification in the OfficialGazette, specify in this behalf, the amount of any subsidy receivedfrom or through the concerned Board under any such scheme forreplantation or replacement of rubber plants, coffee plants, cardamomplants or plants for the growing of such other commodity or forrejuvenation or consolidation of areas used for cultivation of rubber,coffee, cardamom or such other commodity as the Central Governmentmay, by notification in the Official Gazette, specify:Provided that the assessee furnishes to the Assessing Officer, alongwith his return of income 71 for the assessment year concerned orwithin such further time as the Assessing Officer may allow, acertificate from the concerned Board, as to the amount of suchsubsidy paid to the assessee during the previous year.Explanation.—In this clause, “concerned Board” means,—(i) in relation to rubber, the Rubber Board constituted under section4 of the Rubber Act, 1947 (24 of 1947),(ii) in relation to coffee, the Coffee Board constituted under section4 of the Coffee Act, 1942 (7 of 1942),(iii) in relation to cardamom, the Spices Board constituted undersection 3 of the Spices Board Act, 1986 (10 of 1986),(iv) in relation to any other commodity specified under this clause,any Board or other authority established under any law for thetime being in force which the Central Government may, bynotification in the Official Gazette, specify in this behalf;]73[(32) in the case of an assessee referred to in sub-section (1A) of section 64,any income includible in his total income under that sub-section,to the extent such income does not exceed one thousand five70. Substituted for “Income-tax” by the Direct Tax Laws (Amendment) Act, 1987, w.e.f.1-4-1988.71. Rule 12 provides that the return of income shall not be accompanied by any document orcopy of any account or form or report of audit required to be attached with return ofincome under any of the provisions of the Act.72. Inserted by the Finance Act, 1988, w.e.f. 1-4-1989.73. Inserted by the Finance Act, 1992, w.e.f. 1-4-1993.