Employment-linked deduction period reduced for apparel manufacturers, easing the qualifying days required for wage-based deduction. A proviso inserted with effect from 1 April 2017 provides that an assessee engaged in the business of manufacturing of apparel shall be treated as if, in ... Summary
Employment-linked deduction period reduced for apparel manufacturers, easing the qualifying days required for wage-based deduction.
A proviso inserted with effect from 1 April 2017 provides that an assessee engaged in the business of manufacturing of apparel shall be treated as if, in sub-clause (c) of the Explanation to sub-section (2), the words "two hundred and forty days" were substituted by the words "one hundred and fifty days", thereby reducing the qualifying days threshold for the applicable wage-linked deduction.
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