The Income Tax Act of India provides a number of tax deductions to assist in lowering taxable income for both individuals and enterprises. Section 80JJA of the Income Tax Act, sometimes known as the 80JJAA deduction, allows for one such deduction. It enables firms to deduct up to 190% of additional employee expenditures spent when hiring new qualified staff. 👉 A business must fulfill the following conditions to avail of deduction under Section 80JJAA: ✅ The company should manufacture foods or p
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The Income Tax Act of India provides a number of tax deductio…
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