In the times of rising unemployment, Section 80JJAA is an attempt to provide succor to the enterprises by allowing 30% deduction on additional employee cost to encourage hiring. The deduction provisions bring along certain aspects that may restrict its avowed object.
Rushab Gandhi, Partner at Kanu Doshi Group, wrote this article for Taxsutra.com. The article highlights each condition required to be fulfilled by the employers to be eligible for the benefit of deduction under Section 80JJAA and the various practical issues that need to be addressed for satisfying such conditions.
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