Again it is relief u/s 89

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LAKSHMI P R (Querist)
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02 November 2009 Sir

Again you are not understanding my question. I am not asking about taking the income to any year of my convieniance, I am only asking whether the assessee can choose between the year of receipt or year to which it belongs to.

For eg he is getting arrears for 4 years from 2005-06 to 2008-09 in the year 2009-10. Can he include the arrears of 2005-06 and 2006-07 to the respective years and the balance arrears for 2007-08 and 2008-09 in the year of receipt ie 2009-10 and pay tax accordingly.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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02 November 2009 Absolutely No. Arrears of 2007-08 and 2008-09 received in the year 2009-10 should be added to the income of 2007-08 and 2008-09 and relief has to be worked out.

Ratan Sharma

Ratan Sharma (Expert)
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02 November 2009 Agree with expert.
Either you can bifurcate the income in respective years or you can consider the it for the current years income. No third option available.

LAKSHMI P R

LAKSHMI P R (Querist)
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02 November 2009 THANK YOU FOR THE REPLY.

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