Hi,
I read about employers getting claim a deduction for the recruitment of new or additional employees. How do Tax Deduction under section 80JJAA work?
Hi,
I read about employers getting claim a deduction for the recruitment of new or additional employees. How do Tax Deduction under section 80JJAA work?
Section 80JJAA is a facility for claiming a deduction for the recruitment of new or additional employees. The section has been made available in the Income Tax Act to encourage employers to recruit fresh employees on a periodic basis.
Additional employee means an employee who has been employed during the previous year and whose employment has the effect of increasing the total number o employees employed by the employer as on the last day of the preceding year, but does not include: