Income tax arrears calculation.
This query is : Resolved
09 November 2013
sir, please info regarding last year arrears which is received in this financial year now how income tax calculate as it return filed as per last year income. how we can arrears income shows in last financial year income..
09 November 2013
you can claim relief under section 89.
for computation of relief you may refer:
https://gsoftnet.blogspot.in/2013/03/save-tax-on-salary-arrears-tax-relief.html
https://gsoftnet.blogspot.in/2013/03/save-tax-on-salary-arrears-tax-relief.html
In tax return the relief is claimed after computation of total tax liability.
for computation of relief you may refer:
https://gsoftnet.blogspot.in/2013/03/save-tax-on-salary-arrears-tax-relief.html
https://gsoftnet.blogspot.in/2013/03/save-tax-on-salary-arrears-tax-relief.html
In tax return the relief is claimed after computation of total tax liability.
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