26 July 2011
i receved arrear of previous arrear years this year.i want to know while calculating relief my exemption and saving will be counted or not. means i have to calcualte similarly as normaly it get calculated.procedure to fill form 10(e).
However it is certain that for persons having salary more than 3.00 lac in the preceding PY , the tax on accrual basis will be more as 20% slab was applicable to them. As such resulting calculation will show more tax liability.