Amendment of section 80JJAA.

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..... substituted with effect from the 1st day of April, 2020. - Clause 27 of the Bill seeks to amend section 80JJAA of the Income-tax Act relating to deduction in respect of employment of new employees. Clause ( b ) of the first proviso to clause ( i ) of the said Explanation specifies that the additional employee cost in case of an existing business shall be nil if .....

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