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Regarding section 80jjaa

Taha (T)     28 September 2020

 16 likes  405 points

| My Other Post

Sir as per new sbi policy they are giving VŔS to existing employees and they have a plan to employ additional employees in place of it so sir my question is whether this new recruitment of employees are eligible for section 80jjaa of chapter 6a or not and as per section new recruitment should be done but here it seems like replacement of employees and not new recruitment So sir is this right that sbi will not get deduction upto the number of employees replaced and for increase above that it will get deduction or will all the new recruited employees should be eligible for deduction(( assuming all other provisions of section are complied ))

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