Tag Archives: #ITRManpowerDeductibles

What tax deductions are available for Manpower & Employment Agencies during ITR filing?

Manpower Tax Deductions Manpower Tax Deductions and staffing firms have the opportunity to harness multiple tax deductions while filing their ITR, enhancing their financial stance: 1. Section 80JJAA: This provision allows a deduction of 30% of additional employee wages for entities providing new employment. It incentivizes job creation and can significantly reduce the tax liability.… Read More »