Deduction for employment of new employees extended to audited assessees, subject to emolument and exclusion conditions. A deduction equal to thirty per cent of additional employee cost is available to assessees required to get their accounts audited, for three assessment years including the year employment is provided, subject to conditions and filing of an accountant's report. The provision extends beyond manufacturing and specifies exclusions where businesses are formed by splitting, acquired by transfer or reorganisation, and excludes employees above the emoluments threshold, those with government-paid pension contributions, short-term employees, and non-participants in recognised provident funds; emoluments exclude employer fund contributions and terminal lump sums.