whether deduction u/s
80JJAA can be claimed in one A.Y. of consequetive last 3 F. Y.s including relevant F.Y.
eg 30% expenditure of FY 15-16, FY 16-17AND F.Y. 16-17 can be claimed in A.Y. 17-18?
SECTION 80jjaa is applicable from ay 17-18this allow Deduction in respect of additional employment cost of new employees under chapter VI-A 80 JJAA is applicable from AY 2017-18. This section allows deduction in respect of the chapter VI -A of the incometax act and it is claimed by the assessee who have started a new frims and hired new employees and tax return being need to audited
again employees should not be getting more than Rs25000
should work more than 240 days in case of manufacturing 150 days
provident fund membership
or say member of a recognised provident fund
contribution should not be made from/un der government pension scheme
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