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Arrears

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 July 2014 I'm a retired semi government staff i receive pension every year but now this year i received a salary for about 2lac &arrears for about 1.20lac which i want to know whether arrears is taxable or exempted
how to make the computation explain it
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
26 July 2014 Arrears of salary is taxable. Calculate Tax as per applicable income tax slab.
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