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RELIEF U/S 89(1)

This query is : Resolved 

ASSESSEE, A GOVT.EMPLOYEE RECEIVED ARREARS OF SALARY FOR FY 2015-16, 2016-17, 2017-18, 2018-19 IN FINANCIAL YEAR 2019-20. PF OF 100000 IS DEDUCTED DIRECTLY BY THE TREASURY EACH YEAR. ASSESSEE HAS NOT CLAIMED ANY 80C DEDUCTION DURING THE RESPECTIVE YEARS WHILE FILING INCOME TAX RETURN. FOR 10 E CALCULATION , ARREARS OF PF CAN BE SPREAD OVER RESPECTIVE YEARS AND CLAIMED .IS IT POSSIBLE ? OR PF CAN CLAIMED IN THE YEAR OF PAYMENT ONLY ? IF POSSIBLE TO CLAIM IN THE YEAR OF PAYMENT ONLY, WHAT BENEFIT WILL GET TO ASSESSEE? ANY FAVOURABLE CASE LAWS


1. Get the arrears breakup with respect to all the financial years. Since PF is contributed by the Organization and the employee, the monthly details of the PF amount of Rs.1.00 lakhs spread over the years can be availed

2. And yes, the tax benefit on PF can be mentioned, spread over respective years and the benefits claimed.

PF benefits can be claimed in the year of payment only.
Earlier not claimed PF benefits can be claimed now'.


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