deduction under section 80jjaa
CA Raghavendra Chakka (Searching for job) (95 Points)
25 September 2017
deduction under 80JJAA is 30% for all the 3 AY or 30% for each AYs.
4 Replies
Ashiwini Ballodia
(Managing Partner at TAXounting)
(8737 Points)
Replied 25 September 2017
30% of new employees for 3 AY i.e if employee employed on AY 17-18 than you can claim deduction for AY 17-18, 18-19, 19-20
CA Raghavendra Chakka
(Searching for job)
(95 Points)
Replied 25 September 2017
how much can I claim in each year?????
Ashiwini Ballodia
(Managing Partner at TAXounting)
(8737 Points)
Replied 25 September 2017
30% of salary subject to conditions are satified for all 3 years
Recent Topics
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
Related Threads
CAclubindia
