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Discussion > Income Tax > Tax queries >

Refund on income tax of arrear payment

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mo

[ Scorecard : 25]
Posted On 26 June 2012 at 17:15 Report Abuse

hi

   i have received RS 600000 as arrear payment from my organisation after deducting a tax of Rs 1.5 lk. Is there a way to get some kind of refund on the income tax i have  paid? if yes , how? thanks in advance



S Sivasalapathy
Job

[ Scorecard : 259]
Posted On 26 June 2012 at 17:37

You can file your return. And get refund.



Raman Aggarwal
Expert

[ Scorecard : 363]
Posted On 26 June 2012 at 18:09

you can get refund only if your total tax liabilty is less than Rs. 1.5 Lakhs. And u have to file ITR



nihar
mo

[ Scorecard : 25]
Posted On 26 June 2012 at 20:47

thanks for the reply . but i am not clear about total tax liability. is it on my annual income? can i file the ITR online?



Raman Aggarwal
Expert

[ Scorecard : 363]
Posted On 27 June 2012 at 12:14

total tax liabilty will be calculated on all of your income in a financial year and yes you can file your itr online



Nabh Kumar
Article Assistant

[ Scorecard : 42]
Posted On 01 July 2012 at 14:59

First you should calculate relief u/s 89. Because relief u/s 89 may reduce your tax liability...

After that you should file your return electronically for refund.


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