Hi,
As per sec. 80JJAA, deduction on additional employee cost can be claimed for three assessment year.
whether additional employee cost (AEC) on 1st year can be claimed for three continues years
OR
Company can claim three years only if it has incurred addl emp cost in each and every year?
what if there is no additional employee cost on 2nd year and it has incurred AEC in 3rd and 4th year?
kindly clarify.
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80JJAA Additional employee cost
Replies (2)
Section 80JJAA does not cast any condition that every year there should be increase in the number of employees. However, it has a condition that the employee for which the deduction has been claimed should be with the organisation for atleast 240 days. Hence, the deduction can be claimed for subsequent year even if there is no increase in subsequent year subject to the condition that 240 days and other conditions (viz. salary etc.) is satisfied.
Deduction can be claimed in that year when the expenditure was incurred
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