Salary arrear received post retirement

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mahan (Querist)
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03 March 2021 due to salary revision, salary arrears received in current year post retirement ; arrears included additional PF deductions due to wage revision;
Whether such additional PF deducted, but received along revised salary arrears can be claimed as eligible investment under sec 80 C for IT relief for the current year?
Whether such PF deductions will benefit for Income tax rebate?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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03 March 2021 Yes, claim it under section 80c.
Yes claim rebate.

O.D.SHARMA

O.D.SHARMA (Expert)
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04 March 2021 I think the salary with PF deducted and paid back in same year is not entitle for 80C ..Go with other options of 80C

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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04 March 2021 In case of retirement it's eligible claim it. Deductions remitted to PF trust and received back.
In the year of retirement the deductions received back within a year for last year contribution. It's allowed for 80c deduction.

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