Get How To File Form 10da Online

Filing Form 10DA is essential for assessing tax deductions under section 80JJAA of the Income-tax Act. This guide will help you understand the necessary steps to complete the form online effectively.

Follow the steps to accurately complete your form online.

1. Click the ‘Get Form’ button to access the form and open it for editing.
2. Begin by entering the name and address of the assessee along with their permanent account number at the top of the form.
3. Indicate the industrial undertaking's nature by specifying the products manufactured or produced during the fiscal year ending on March 31.
4. Certify the deduction amount the assessee will claim under section 80JJAA. This should be based on the additional wages paid to new regular workmen employed.
5. Complete the annexure section by detailing the particulars of the assessee, including name, registered office address, and permanent account number.
6. Specify the assessment year for which the deduction is being claimed.
7. Provide the nature of business and identify the specific products related to the manufacturing or production activities.
8. List the number of regular workmen in the previous year, distinguishing between newly set up units and existing ones.
9. Indicate the number of new regular workmen employed during the previous year.
10. Mention the number of regular workmen who ceased employment during the previous year.
11. Calculate the total number of regular workmen as of the last date by applying the formula (existing + new - ceased).
12. Note the number of new regular workmen entitled to the deduction, following the provided guidelines.
13. Record the additional wages paid to the new regular workmen, ensuring clarity in calculating the 30% deduction from this amount.
14. Finally, review the completed form for accuracy, then save your changes, download, print, or share the form as needed.

Complete your Form 10DA online today to ensure your tax deductions are correctly filed.