Salary Arrears
This query is : Resolved
Shekhar J. Bendre
(Querist)
15 July 2011
Dear Friends,
Will salary arrears from my previous employer(Received after left the job) attract relief u/s.89?
Kindly advice......
Shekhar Bendre
Will salary arrears from my previous employer(Received after left the job) attract relief u/s.89?
Kindly advice......
Shekhar Bendre
CA PARAS BAFNA
(Expert)
16 July 2011
Arrears attract tax only when these are received.
In your case relief can be claimed but due to lowering tax slabs it may not result as
a real relief.
In your case relief can be claimed but due to lowering tax slabs it may not result as
a real relief.
Rabindra Kumar Sahu
(Expert)
17 July 2011
Yes Paras Sir is right.Any arrears received, it attract tax.If there is any tax benefits by calculating Relief U/s 89 than it is advisable to calculate Relief U/s 89.
Thanks and regards,
R K Sahu
Thanks and regards,
R K Sahu
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