Report for deduction in respect of additional employee cost under section 146 of the Act
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....mber (iv) Nature of Business 2. Tax Year Part- B Deduction Details 3. New Business (i) Amount of the emoluments paid/payable during the said tax year. (refer Note 3) (ii) 30% of emoluments eligible as deduction under section 146. [30% of (i)] 4. Additional employee cost for existing Business (refer Note 3) &nbs....
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.... 146 in respect of payments for the emoluments paid or payable to the additional employee in respect of: (refer Note 3) (a) the tax year [30% of the amount computed in (iv)(c)] (b) the immediately preceding year to the tax year (c) the year prior to the immediately preceding tax year (vi) The amount of deduction eligible u/s 146 [(v)(a) + (v)(b....




TaxTMI
TaxTMI