Section 80jjaa
This query is : Resolved
Sandeep Gupta R
(Querist)
15 September 2016
Dear sir / madam,
My query is....
During FY 2015-16 we have appointed 50 new workers @ 10000 p.m, which is more than 10% of existing worker, out of 50 workers 10 have joined on 1st May, 2015 and 20 have joined on 1st July, 2015 and rest have joined 1st September, 2015.
How deduction will be calculated.
Those workers not completed their 300 days during FY 2015-16 but continued till today i.e., Sept, 2016 will deduction be available during FY 2015-16 for these workers.
Thanks a lot in advance.
My query is....
During FY 2015-16 we have appointed 50 new workers @ 10000 p.m, which is more than 10% of existing worker, out of 50 workers 10 have joined on 1st May, 2015 and 20 have joined on 1st July, 2015 and rest have joined 1st September, 2015.
How deduction will be calculated.
Those workers not completed their 300 days during FY 2015-16 but continued till today i.e., Sept, 2016 will deduction be available during FY 2015-16 for these workers.
Thanks a lot in advance.
Unnikrishnan B
(Expert)
15 September 2016
Sir,
The provision says assessed employs new regular workmen during the PY
So 300 days work to be done in FY 2015-16
In thus case 80JJAA is disallowed
This is my opinion
The provision says assessed employs new regular workmen during the PY
So 300 days work to be done in FY 2015-16
In thus case 80JJAA is disallowed
This is my opinion
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