Deduction u/s 80JJAA

This query is : Resolved

Gaurang Pathak (Querist)
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16 July 2009 Admissible deduction u/s 80JJAA is 30% Of addi.wages paid to regu. workmen.It is available for 3 Ass. Yrs but how?
(a) Wages of 1 Yr is available For 3 Yrs?
(b)It is available for only 3 Ass. yr in the entire life of the entity?

CA.ViVeK M ACA

CA.ViVeK M ACA (Expert)
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16 July 2009 Dear Gaurang,

please be noted that the wording in 80jja

The deduction shall be available for 3 assessment year, including the assessment year relevant to the previous year in which such employment has been provided.

Conclusion

the duduction shall be counted from the year of providing the emplyment.