• Tax Law
  • FAQ
  • Report under section 146 of the Income-tax Act, 2025
  • Shweta Verma
  • img March 23, 2026

Report under section 146 of the Income-tax Act, 2025

Form 34 is required to be filed along with the Return of Income by audited assessees availing deduction u/s 146 on additional employee cost incurred. Form 34 is to be filed under Rule 68 of the Income tax Rules. The form should be verified by a Chartered Accountant. The deduction that can be availed under this section is 30% of additional employee cost incurred, for 3 tax years.

https://www.incometaxindia.gov.in/documents/d/guest/form-34-faqs

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Shweta Verma

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