Relief under sec 89 for part amount..
This query is : Resolved
19 January 2012
whether part amount only can be considered for Arrears for Relief u/s 89??
For Example:
I have received Rs. 1,00,000 arrear in AY 2011-12 pertains to AY 2009-10 Rs. 40,000 and AY 2010-11 Rs. 60,000. If i take arrears in respective years i am not getting tax relief under sec 89.... so i want to show only Rs. 60000 as arrear in AY 2010-11 and balance arrear of AY 2009-10 Rs. 40000 in total income of AY 2011-12....whether part amount of arrear only can show for relief???
For Example:
I have received Rs. 1,00,000 arrear in AY 2011-12 pertains to AY 2009-10 Rs. 40,000 and AY 2010-11 Rs. 60,000. If i take arrears in respective years i am not getting tax relief under sec 89.... so i want to show only Rs. 60000 as arrear in AY 2010-11 and balance arrear of AY 2009-10 Rs. 40000 in total income of AY 2011-12....whether part amount of arrear only can show for relief???
20 January 2012
Please refer Rule 21A, sub-section 2(d), a plain reading does not suggest a part claim to be made or a part claim to be ignored. If you want to ignore the relief under Sec.89, ignore it fully or prefer the claim as prescribed clearly under Rule 21A sub-rule 2(d) with the respective calculations for each such previous year.
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
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
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
