Deduction u/s 80JJAA in respect of employment of a new workman can be claimed by company for an amount equals to:

CS Executive · Tax Laws · PYQS · December 2024
Deduction u/s 80JJAA in respect of employment of a new workman can be claimed by company for an amount equals to:
(A) 15% of additional wages
(B) 20% of additional wages
(C) 30% of additional wages
(D) 40% of additional wages

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax Act

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