Any assessee engaged in growing and manufacturing tea in India
Nature of Income
Subsidy received from Tea Board.
Entire amount so received
Conditions laid down for Tax Exemption
Subsidy is received for re-plantation or replacement of tea bushes or for rejuvenation or consolidation of area used for cultivation of tea under scheme notified by government.
The assessee shall furnish certificate of subsidy so received to the income tax officer along with return of income.