01 June 2020
Sir, 1. We have employed a new person in April 19 for Rs. 9000/- p.m, his salary was paid in cash in april & May 19 and thereafter electronically , whether deduction will be available or not. 2. Total Employee as on 31-03-2019 was 150 and 31-03-2020 was 160 , so there is an increase of 10 employee, out of theses only 5 employee fulfill the criteria of 240 day and rest of 5 employees will counted as new employee for F.Y 2020-21, but what if total no of employee reduced to 155. Deduction will available or not
CAclubindia
