Section 80jjaa

This query is : Resolved 

15 September 2016 Dear sir / madam,
My query is....
During FY 2015-16 we have appointed 50 new workers @ 10000 p.m, which is more than 10% of existing worker, out of 50 workers 10 have joined on 1st May, 2015 and 20 have joined on 1st July, 2015 and rest have joined 1st September, 2015.

How deduction will be calculated.

Those workers not completed their 300 days during FY 2015-16 but continued till today i.e., Sept, 2016 will deduction be available during FY 2015-16 for these workers.
Thanks a lot in advance.

15 September 2016 Sir,
The provision says assessed employs new regular workmen during the PY

So 300 days work to be done in FY 2015-16
In thus case 80JJAA is disallowed
This is my opinion



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries