Insertion of new section 80JJAA

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Full Text of the Document

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.... income of an assessee, being an Indian company, includes any profits and gains derived from any industrial undertaking engaged in the manufacture or production or article or thing, there shall, subject to the condition specified in sub-section (2) be allowed a deduction of an amount equal to thirty per cent of additional wages paid to the new regular workmen employed by the assessee in the previo....