Regarding TDS deduct

This query is : Resolved

MADHUSUDAN INDAVAR (Querist)
Follow

06 September 2021 If an employee gets pay anomaly arrears of 632000 in September 2021 and instantly in that amount 222000 TDS deduction from office.Is it justified ? Is it possible to save that money with savings. And get back with return file.
The employee would have got these arrears in monthly pay if anomaly would have been released .

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

06 September 2021 Yes it is possible.
Claim relief u/s. 89(1).
If you have accrued your salary in a financial year but received it in a different year, then Section 89(1) allows you to adjust the salary amount.
Filling of Form 10E is mandatory in order to claim relief in this case.
The purpose behind providing this relief is to ensure that a taxpayer does not fall in the higher tax bracket simply because he or she received his salary arrears in a different year.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

GIRISH K SATTI

R M Shekhaliya

prasanth kona

Yandamuri yesu raju

efiletax

Subscribe Now

Regarding TDS deduct

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

CA Final

Accountant

Manager- Finance and Compliance

Article Assistant

GST CONSULTANT