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of <h1>Section 80JJAA allows 30% deduction on additional employee costs for three years subject to eligibility, exclusions, and report</h1> Where an assesseewhose accounts require audit (section 44AB) has business profits, Section 80JJAA permits a deduction equal to 30% of additional employee cost for three assessment years including the year employment is provided, subject to conditions. Deduction is disallowed for businesses formed by splitting/reconstruction or acquired by transfer/reorganisation and unless an accountant's report is furnished by the specified date. 'Additional employee cost' means emoluments to employees who increase headcount relative to the prior year, excluding employees paid over ?25,000/month, those with government-paid pension contribution, those employed under specified short durations (generally under 240 days; 150 days for apparel/footwear/leather), and certain employer contributions and termination payments.
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