https://www.taxtmi.com/acts?id=19589 Amendments to section 80JJAA, effective 1 April 2016, remove the Indian company requirement in sub-section (1); substitute sub-section (2)(a) to cover factories acquired by transfer or through business reorganisation; and amend the Explanation to reduce the qualifying workforce threshold in clause (i) from one hundred workmen to fifty workmen, thereby widening eligibility and lowering the employee count needed to claim the employment-linked deduction. en-us Thu, 07 May 2015 12:53:09 +0530 Sat, 09 May 2015 12:21:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19589 Amendments to section 80JJAA, effective 1 April 2016, remove the Indian company requirement in sub-section (1); substitute sub-section (2)(a) to cover factories acquired by transfer or through business reorganisation; and amend the Explanation to reduce the qualifying workforce threshold in clause (i) from one hundred workmen to fifty workmen, thereby widening eligibility and lowering the employee count needed to claim the employment-linked deduction. Act-Rules F. Acts / Amendment Acts Thu, 07 May 2015 12:53:09 +0530 https://www.taxtmi.com/acts?id=19589