IF A COMPANY HAS 88 EMPLOYEES INCLUDING 50 CASUAL WORKMEN, 20 CONTRACT WORKMEN AND REST REGULAR AT THE END OF F.Y.2008-2009. IN FY 2009-10 CO. EMPLOYED 50 NEW WORKMEN IN WHICH 20 ARE CASUAL, 20 ARE CONTRACT WORKMEN AND 10 ARE REGULAR WORKMEN. IN THIS CASE WOULD COMPANY ELIGIBLE FOR DEDUCTION U/S 80 JJA? IF YES FOR HOW MUCH EMPLOYEES?
DEDUCTION IN RESPECT OF NEW EMPLOYMENT u/S 80
CA Gaurav Choradia (Relationship Manager ) (418 Points)
10 March 2010
CAclubindia
