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80jjaa deduction applicability to service sector

Tax queries 425 views 2 replies
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PARTNER
25 Points Posted on 12 February 2024

Dear Team

Whether 80JJAA will be appliable for service sector especially Sofware industry  

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On 12 February 2024 at 10:16 Report
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Profession Business
28207 Points Posted on 12 February 2024
Chetty pls post your querry explicitly
44 Reply
On 12 February 2024 at 13:22
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Chartered Accountant
86505 Points Posted on 12 February 2024
Section 80JJAA of the Income Tax Act provides deductions for the recruitment of new or additional employees. It is intended to encourage employers to hire new employees periodically. The main focus of this deduction to generate employment in all sectors of the Indian economy not only service sector.
814 Reply
On 12 February 2024 at 19:20


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