32. Computation of income derived from the sale of rubber

32. Computation of income derived from the sale of rubber.---

 Income derived   from   the   sale   of   rubber   grown   and   manufactured   by   the   seller   in Bangladesh shall be computed as if 40% of such income was derived from business and 60% of such income was derived from agriculture.

¹ [Provided that in computing such income an allowance shall be made in respect of the  expenditure  incurred  in  the  income  year  by  the  assessee  in  connection  with  the development of the new areas for bringing them under rubber cultivation]

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¹Ins.. by S.R.O. No 141-L/98,dt.02-07-1998.

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