1. Search Case laws by Section / Act / Rule — now available beyond Income Tax. GST and Other Laws Available
2. New: “In Favour Of” filter added in Case Laws.
Try both these filters in Case Laws →
TaxTMI Login
🚀 New: Section-Wise Filter ✕
Just a moment...
1. Search Case laws by Section / Act / Rule — now available beyond Income Tax. GST and Other Laws Available
2. New: “In Favour Of” filter added in Case Laws.
Try both these filters in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of Press 'Enter' after typing page number.
<h1>Section 80JJAA: Businesses Get 30% Deduction on Additional Employee Costs; Conditions and Exclusions Apply</h1> Section 80JJAA of the Income-tax Act, as amended by the Finance Act, 2016, effective April 1, 2017, provides a deduction for businesses on the additional employee cost incurred. Eligible businesses can claim a 30% deduction on these costs for three assessment years, starting with the year of employment. However, this deduction is not available if the business is formed by splitting or reconstructing an existing business, acquired through transfer, or if the required accountant's report is not furnished. The section defines 'additional employee cost,' 'additional employee,' and 'emoluments' with specific exclusions and conditions.
TaxTMI 
TaxTMI 
