Relife u/s 80c
This query is : Resolved
24 February 2014
A government employees have received salary arrears in the form of GpF which is directly credited to his gpf accounts. Arrears is related to year in which section 80c limit is not exauasted. my question is can i utilise gpf arrears as a deduction while calculating tax on accural basis.
25 February 2014
Deduction u/s 80c can be claimed for GpF only in the year of actual credit to GpF accounts.
17 August 2015
Agreed with above remarks.
18 June 2017
deduction under section 80S is available on receipt basis
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
- Expenses related
- AIS FEEDBACK REJECTED BY SOURCE
- AIS reflecting Aggregate interest on kvp, not accrued .
- Wronly generated e-way bill
- Notice under section 143(2) of the Income-tax Act, 1961
- Loan disbursement above 2 lakhs by cash
- It return filing query
- Penalty on Senior citizens
- Capital gains-3.7.25
- Rule 37 of CGST/SGST Rules: ITC Reversal on Non-Payment Within 180 Days
- E Bank realisation certificate
- Last date of completion of assessment
- ONLINE TDS CHALLAN CORRECTION.
- CA Certificate Query
- Gst payable on online food sale through Swiggy
- Composition Dealer GST Annual Return Filing process
- Relief claim by NRI
- Unearned leave
- REGARDING APPLICABILITY OF PURE AGENT SERVICES UNDER GST
- Profoma Invoice- GSTR 1
Trending Online Classes
CAclubindia
