Goneralpoi

ntsregard

Section
as if the eligible
business is
the ony source Eligdle. 8As03seJsAe .:DeArdyycten in resnect of
computed
of
Em gleynent
be

computed aftergivingeffectto income of

provisions of Clubbing, set-off ond (eTIO>1rl 0er,
Anaunt of deduction: 30%
years)
Asses e ef nea
enjees
Aditiondl engloyee cost (detirction dlowed for
e
Ademdplitooyenddl durenplingoyeethePY.cost Total enolument poid or
/be

"derived from" eligible jcost

which
are
business can be clained as a .h
:
poycble to Addititei
profits

interest
case of
existing business, Additional enolevees
(transport,
power, subsidies etc.)
manufacture.or sale of from Govt. towards
#
#
Thereisno increase in the Totolnumberenglof oyee cost sholl be NL
cas
of production/
collectionof eale proceeds- Ireated as manufactured
goods
Emdlotheruments paid othaserwise than by Alc poyeeemplocheaueyees / draft /NÉFT / RTGS
Examgle :elSupose
ectricmode may be prescribed (neors paid in CASH)
of
ntrsenent

delay profit derived ond totdl employee as on

tentitlement,dutydrawback Interest on Fixed deposits with Bank.
ction. empioyees left the job &15 new employees31/3/22 were 100 and during PY 2022-23,15
Inis Section, suppose in above joined, then there wilbe no
example 20 new employees joined then deduction uder
treatedas
profit derived so not eligible for deduction allowed onemolument poid to 5 deduction el be
-Not
allowedu/s10AA/35AD, no deduction shall be alowed L. In case of New Business- employes,
and Additional emoloyee cost shall be emoluments paid/ poyobie
clained to employes ençloyed during
tionis
any A.Y. thatP Y.
te
-VIAPart-Cin
rChapter
Part-C shall NOT be allowed, if NOT claimed in
d
Additional employees do not incude
chapter VIA - employee whose emoluments»25 000 p.im
1044/
allowed, onlyifthe returnis filed uptothe due date of employee employed for less than 240 doys in Py (in case of manufocture of agpre
shall be
dedction,
Ae,
or footwear ar leather products then 150 days)
Aa
Officer makes addition u/s. 40a), 40A(3), 438 enployee does notporticipotein RPF
geretirn
Assessing Government under Empicves
assessment, addition is made, same would increase the -employee for whom the entire contribution is pad by
2 business. If such provision of the Employees Provdent
VIA-Part Con Pension scheme notified in occordance with the
o feliqible
KAESect assessee would qet deduction u/c, funds &Miscellaneous Provision Act, 1952.
aneligible previous year for less thon 240 days
or 160 s.
"andthus, dated02,11.2016]. is employed during the
{NoTe-l If an employee 150oys asthe case ny
37/2016 coveredu/s80-IAto 80RRB employed for aperiod of 240 doys or
irularNo. Part-Cm means deduction as the case maybe, but is
deemed to have been
empleyed nhe
deeductionu/cVI-A butitis included in suCceeding year,he shallbe
wil!
income
expenditure be, in the imnmediotely decuctono 303 at
aased woud be entitied to
e practically allowed on assessee claimeddeduction
w/s
SuCceedingyear.
Accordingly, the employer
year
80UJAA if inthesucceding report
Mctionu/'s AMTalso apply employeecost ofsuchemployees efassesse ndCIT
Part-C in law so additional BOA iS axtited
allowedonly f
wi eduction incomebased Deduction underthissection
Port-CA ie. other Note-2 u's 44AB
covered u/c VI-A uptodategiven
shouldbesubmit
and 80TTB
actonu/s 80TTA deductions.
notapply in caseofsuch
AtorsoAMT