TMI BlogIncome -tax (15th Amendment) Rules, 2019X X X X Extracts X X X X X X X X Extracts X X X X ..... h Amendment) Rules, 2019. (2) They shall come into force from the date of their publication in the Official Gazette. 2. In the Income-tax Rules, 1962 , in APPENDIX II , for Form No. 10DA , the following Form shall be substituted, namely:- FORM NO. 10DA [See rule 19AB] Report under section 80JJAA of the Income-tax Act, 1961 1. I/ We* have examined the accounts and records of ____________(Name and address of the assessee with Permanent Account Number/Aadhaar number) engaged in the business of ____ during the year ended on 31st day of March________ . 2. I/We* certify that the deduction to be claimed by the assessee under sub-section (1) of section 80JJAA of Income- tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r of the assessee 4. Assessment Year 5. Additional employee cost incurred (I) In case of an existing business,- (a) number of employee as on the last day of the immediately preceding year. (b) number of employee employed during the previous year. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (iii) Total amount # [d(i)+d(ii)] d(iii) (e) The amount of deduction eligible u/s 80JJAA in respect of payments for the emoluments paid or payable to the additional employee in respect of,- (i) the previous year [30% of the amount computed in (d)(iii)] e(i) (ii) the immediately preceding year to the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sess engaged in business of manufacturing of apparel or footwear or leather products) during the previous year ;or (d) an employee who does not participate in the recognised provident fund. 2. ** emoluments means any sum paid or payable to an employee in lieu of his employment by whatever name called, but does not include- (a) any contribution paid or payable by the employer to any pension fund or provident fund or any other fund for the benefit of the employee under any law for the time being in force; and (b) any lump-sum payment paid or payable to an employee at the time of termination of his service or superannuation or voluntary retirement, such as gratuity, severance pay, leaves encashment, volunt ..... X X X X Extracts X X X X X X X X Extracts X X X X
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