05 July 2012
Can any one pls expalin me the meaning of the words : "30% of the additional wages paid to the new regular workmen for first 3 assessment years including the assessment year relevant to the previous year in which such employment is provided."
06 July 2012
An amount equal to 30% of additional wages paid by you will be allowed as deduction upto 3 years U/s 80JJaa and this three years include the year in which you have employed the new worker.
CAclubindia
