Relief U/S 89(1)

This query is : Resolved 

25 February 2011 An assessee is eligible for arrears of salary ( 6th pay arrears )of Rs.120000/-. of which Rs. 48000/- are received in 2010-11.Balance to be received in the Subsequent years.
wether Rs. 120000/- are taxable on Due basis or receipt basis? can releif be claimed.
when balance arrears are received in subsequent years,again relief can be claimed in subsequent years?
Reply over pr_sahane@yahoo.com urgently
Thanks.
Prakash

25 February 2011 Arrears will be taxable on Receipt Basis and Relief can be claimed.


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