Old arrears received in this finical year.
This query is : Resolved
15 July 2014
I received left over arrears in ths fincial year .so.my income tax arrise .what I have to do for exemption on this arrears amount.
15 July 2014
if it was not offered for tax earlier then 30% standard deduction is allowed.
15 July 2014
How to file return for this,
15 July 2014
file as in the col of arrears of rent in the schedule income from house property.
15 July 2014
But this due arrears of salary , of last year
15 July 2014
you havent mentioned that so for salary show it as income for salary for current year if it was nt offered for tax earlier and also take relief under sec 189.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- Gst registered proprietorship firm
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- UDIN ISSUE
- TDS on purchase of under construction property from a reseller
- Change Of Karta In Case of Death
- GST Intimation due to Government took possession of Business Premises under PPE Act
- SALARY CAN BE CAPITALIZE
- Non filing of I T Returns
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
