Effluent treatment plants to qualify as 'infrastructure facility'

摘要

The Central Board of Direct Taxes (CBDT) has held that effluent treatment and its carriage system would qualify as infrastructure facility' for the purpose of tax breaks under Section 80-IA of the income-tax law.Companies that generate and discharge effluents can get 100% deduction of profits and gains derived by them if they invest in effluent treatment plants and the pipeline system for carrying them to the disposal point that has been specified by regulatory agencies such as the pollution control boards (PCBs).