Provision of section 80jjaa
This query is : Resolved
05 July 2012
Can any one pls
expalin me the meaning of the words :
"30% of the additional wages paid to the new regular workmen for first 3 assessment years including the assessment year relevant to the previous year in which such employment is provided."
expalin me the meaning of the words :
"30% of the additional wages paid to the new regular workmen for first 3 assessment years including the assessment year relevant to the previous year in which such employment is provided."
06 July 2012
An amount equal to 30% of additional wages paid by you will be allowed as deduction upto 3 years U/s 80JJaa
and this three years include the year in which you have employed the new worker.
and this three years include the year in which you have employed the new worker.
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